Revealed preference states that consumer behavior, if their income and the item's price are held constant, is the best indicator of their preferences.  ( 20 min )

When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.  ( 22 min )

Neither rising prices nor the cooling job market have deterred consumers from cutting back on their spending—at least so far.  ( 17 min )

Demand theory is a principle relating to the relationship between consumer demand for goods and services and their prices.  ( 21 min )

The Biden administration expanded curbs on exports of certain AI chips beyond China to include several Middle Eastern countries, chipmaker Nvidia said in a regulatory filing.  ( 18 min )

Wealthfront and Betterment both earned spots in our best robo-advisor awards. Compare the two robo-advisors to learn how their investing platforms can work for you.  ( 28 min )

Series 6 and Series 7 are two Financial Industry Regulatory Authority (FINRA) license exams. Read on to learn about the licenses and how the tests differ.  ( 22 min )

U.S. equities rose at midday on Thursday, Aug. 31, 2023 and headed for a fifth-straight winning session after a report showed inflation rose modestly last month, raising hopes the Fed might not hike interest rates.  ( 16 min )

U.S.-based employers said they would be cutting 75,151 jobs in August, a 217% jump from July and 267% more than a year ago, according to a study by Challenger, Gray & Christmas.  ( 17 min )

Dollar General shares tumbled after the discount retailer missed estimates and cut its outlook on softer sales, higher capital expenses, and losses from theft.  ( 17 min )

Barclays doesn’t offer many CD options, but it does offer competitive rates for certain terms. See Barclays’ CD rates, terms, and features to see if it’s the right fit for your savings.  ( 19 min )

A new deal makes using Buy with Prime easier for Shopify vendors—and brings Buy with Prime under the Shopify Payments umbrella.  ( 18 min )

A double top is an extremely bearish technical reversal pattern that forms after a stock makes two consecutive peaks.  ( 26 min )

Warren Buffett has consistently ranked high on the Forbes list of billionaires. He has a careful methodology for evaluating value stocks and investing.  ( 29 min )

Regardless of your age, taking these five steps will help you build a solid retirement plan.  ( 29 min )

The Great Recession was caused by lending and investing practices that eventually led to a financial system collapse following a housing market crash.  ( 23 min )

Paying off education debt can be a financial headache. Learn how to repay your student loans to get out of debt faster and save on interest charges.  ( 29 min )

Price wars have advantages and disadvantages. Cheaper prices for the customer may seem great, but aggressive price cutting may cause problems for businesses.  ( 23 min )

Mortgage rates dropped for a third day. The 30-year average has sunk to its lowest level in three weeks, and most loan types saw a double-digit decline.  ( 20 min )

Price sensitivity is the degree to which the price of a product or service influences consumer purchases.  ( 23 min )

Nasdaq's pre-market operations do much more than just extend the trading day by 85%; it affects stock quotes and quantities, too.  ( 21 min )

Health insurance generally does not cover the cost of a service dog, but you do have other financing options to help you offset this expense.  ( 23 min )

Price transparency typically refers to the accessibility of information on the order flow for a particular stock.  ( 19 min )

Robert Kiyosaki is a renowned author and entrepreneur, perhaps best known for his book 'Rich Dad Poor Dad.'  ( 24 min )

Minority business grants are available from both private and public sources to assist entrepreneurs who identify as minorities in funding their businesses. Here's an overview of these grants, their eligibility criteria, application process, and required documentation, plus some tips for a successful application.  ( 23 min )

UBS shares jumped more than 5% in early trading Thursday after the Swiss banking giant posted second-quarter earnings that blew past analysts' expectations after its acquisition of ailing rival Credit Suisse.  ( 18 min )

Learn how to trade Dow Jones Index futures contracts, including the popular e-Mini Dow stock index futures.  ( 25 min )

The National Labor Relations Board (NLRB) is an independent federal agency that enforces the National Labor Relations Act (NLRA) of 1935. Here is a look at its role and impact.  ( 24 min )

Most business grants are regarded as taxable income, though there are some exceptions. If you are unsure whether your business grant is taxable, you should check the grant agreement, the IRS guidelines, or contact your grant donor.  ( 21 min )

Change in supply refers to a shift, either to the left or right, in the entire price-quantity relationship that defines a supply curve.  ( 19 min )

Salesforce shares surged after the software company reported second quarter profit that beat estimates and lifted its full-year outlook as cost-cutting measures paid off.  ( 17 min )

As a small business owner or manager, you can apply for small business grants from a variety of sources. Once you’ve found a suitable grant, you should make sure your application is as competitive as possible. In this guide, we’ll show you how.  ( 26 min )

Find out what the term "adverse selection" refers to in the insurance industry, and learn how insurance companies protect themselves from adverse selection.  ( 22 min )

These six books cover the legendary investor's life and lessons from various angles—and are fun to read besides.  ( 24 min )

Buying a franchise can be an easy way to get started in your own business, but there are some pitfalls, including upfront and ongoing costs. Here is how to investigate franchise opportunities.  ( 24 min )

Lying on your resume is not only unethical, but it will damage your reputation and might result in legal action.  ( 23 min )

The U-3 unemployment rate is the official rate but many prefer the U-6 rate as it includes underemployed, marginally attached, and discouraged workers.  ( 25 min )

The accumulated earnings tax is imposed on corporations with retained earnings deemed to be excessive for their "reasonable" business needs.  ( 22 min )

A monetary base is the total amount of a currency in general circulation or in the commercial bank deposits held in the central bank's reserves.  ( 23 min )

Dogs of the Dow is an investment strategy based on the 10-highest dividend-yielding stocks in the Dow Jones Industrial Average (DJIA).  ( 23 min )

The Commerce Department is expected to report its PCE Price Index increased in July and Salesforce shares jumped after it beat expectations on improved margins. Here’s what investors need to know today.  ( 18 min )

Unlevered free cash flow (UFCF) is a company's cash flow before interest payments are taken into account. UFCF can be reported in a company's financial statements or calculated using financial statements by analysts.  ( 25 min )

Straddles and strangles are options strategies that take advantage of significant moves up or down in a stock's price. Learn the difference between them.  ( 25 min )

A waiver is a legally binding provision where either party in a contract agrees to voluntarily forfeit a claim without the other party being liable.  ( 23 min )

Personal loans with no income verification are available, but they often have sky-high interest rates and short repayment terms.  ( 23 min )

Low-income loans can help those with limited income access funds for emergency expenses or other needs. Learn more about the types of loans available, eligibility requirements, and how to apply.  ( 24 min )

Learn about income elasticity of demand and cross elasticity of demand and how to interpret these two measures of demand elasticity.  ( 20 min )

An accessory dwelling unit (ADU) is a residential structure that shares the same lot as a primary structure.  ( 23 min )

The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.  ( 21 min )

Inflation is a broad increase in prices in an economy. Stagflation is a combination of high inflation with slow economic growth and high unemployment.  ( 25 min )

Learn more about the BIC Index, a benchmark that measures the equity market performance of the emerging market indices of Brazil, India, and China.  ( 23 min )

Companies seek equity financing from investors to finance short or long-term needs by selling an ownership stake in the form of shares.  ( 29 min )

Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.  ( 5 min )

Supermarktketen Jan Linders verkoopt nog eens vier vestigingen aan Jumbo. Eerder kocht de geelzwarte formule al zes supers van het Limburgse bedrijf. Hoeveel geld met de deal is gemoeid, is niet bekendgemaakt.  ( 3 min )

De inflatie in Nederland is in augustus gedaald naar 3 procent, mede vanwege een nieuwe rekenmethode. Veel NUjij'ers dachten dat de boodschappen dus ook goedkoper werden, maar dat klopt niet. Economieredacteur Thijs Rösken legt uit wat dalende inflatie precies betekent.  ( 3 min )

E-bikemaker VanMoof wordt overgenomen door e-stepmerk Lavoie, onderdeel van het Britse McLaren Applied. Dat melden de curatoren donderdag. Lavoie is van plan verder te groeien door de overname en de activiteiten van VanMoof verder te ontwikkelen.  ( 4 min )

Het C2000-communicatienetwerk kampt donderdagmiddag met een landelijke storing. Het netwerk wordt gebruikt door de politie en veel andere hulpdiensten. Agenten op straat krijgen geen verbinding met de meldkamers, wat tot onveilige situaties leidt.  ( 4 min )

Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.  ( 3 min )

Deelnemers aan Burgernet ontvangen vanaf vrijdag geen sms-berichten meer als iemand wordt vermist of gezocht. De politie gebruikt voortaan de Burgernet-app om de hulp van burgers in te schakelen.  ( 3 min )

De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.  ( 4 min )

De inflatie in Nederland is in augustus gedaald naar 3 procent. Dat komt mede door een nieuwe rekenmethode. Het winkelmandje met producten waarmee het cijfer wordt berekend, verandert continu. NU.nl-lezers vroegen zich af: hoe wordt die inflatie dan vastgesteld?  ( 3 min )

Energieleverancier Eneco gaat bij een Gronings windpark spitsmijden op het stroomnet. Het bedrijf laat de windmolens op piekmomenten zo draaien, dat ze maar weinig wind vangen. Dat doet Eneco als het plaatselijke stroomnet overbelast is.  ( 3 min )

De begroting voor volgend jaar is zo goed als rond. Het demissionaire kabinet trekt 2 miljard euro uit om vooral de laagste inkomens te steunen.  ( 4 min )

De consumentenprijzen in eurolanden zijn in augustus 5,3 procent hoger dan een jaar eerder. Daarmee is de inflatie precies even hoog als in juli. Waar in Nederland de inflatie door goedkopere energie flink is gedaald, is dat effect in de hele eurozone niet zo groot.  ( 4 min )

Privacyorganisatie None of your business (Noyb) heeft bij verschillende Europese privacytoezichthouders geklaagd over smartwatchfabrikant Fitbit. Volgens de belangenclub worden Fitbit-gebruikers gedwongen om toestemming te geven voor de overdracht van hun persoonlijke gegevens naar landen buiten de Europese Unie.  ( 4 min )

ProRail gaat de komende jaren steeds vaker doordeweeks en overdag onderhoud doen aan het spoor. Volgend jaar zal vooral de Friese reiziger dat merken. In de jaren daarna gebeurt dit ook in andere delen van het land. Dat meldt ProRail donderdag.  ( 4 min )

De Zwitserse bank UBS wil de eerder dit jaar overgenomen concurrent Credit Suisse volledig opnemen in het eigen bedrijf. Daarbij gaan duizenden banen verloren. UBS behoedde Credit Suisse eerder dit jaar van een faillissement door een overname.  ( 4 min )

Wie bij 'snip' nog steeds denkt aan een biljet van 100 gulden, kan vandaag nog proberen de vogel terug op een bankbiljet te krijgen. De eurobiljetten krijgen (bijna) allemaal een nieuw ontwerp en vogels zijn een van de mogelijke thema's.  ( 4 min )

Winkeliers zagen hun omzet in juli 5 procent hoger uitkomen dan een jaar eerder. Maar dat komt wel vooral door prijsverhogingen, want consumenten kochten juist minder. Er werden 2,8 procent minder producten verkocht.  ( 3 min )

De inflatie valt in augustus veel lager uit dan in de voorgaande maanden. De consumentenprijzen zijn nu slechts 3 procent hoger dan een jaar eerder. Sinds september 2021 is dit percentage niet meer zo laag geweest. Afgelopen juli was de inflatie nog 4,6 procent.  ( 5 min )

De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.  ( 4 min )

De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.  ( 4 min )

De inflatie over de maand augustus valt behoorlijk veel lager uit dan in de afgelopen maanden. Consumentenprijzen stegen ten opzichte van vorig jaar met 3,0 procent. In juli was dat nog 4,6 procent. Sinds september 2021 was dit percentage niet meer zo laag.  ( 4 min )

De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij statistiekbureau CBS.  ( 4 min )

De prijs van een koophuis is momenteel vijf maal zo hoog als in 1993. Betaalde je dertig jaar terug nog gemiddeld ongeveer 80.000 euro voor een woning, inmiddels is dat 434.000 euro.  ( 4 min )

AT&T stock could soon move closer to its recent 30-year lows  ( 30 min )

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The Chinese real estate market is experiencing another potential black swan event as Country Garden, once China's largest property developer by sales, spirals into a crisis that threatens to surpass the impact of China Evergrande Group. The Foshan-based Country Garden is under heightened scrutiny because it oversees four times as many property projects as Evergrande. China's housing slump is exacerbating broader concerns over its economy, with signs of spillover effects ranging from missed payme  ( 33 min )

Nikola Corp. founder Trevor Milton lost a bid for a new trial on a claim of juror bias. The post Nikola founder loses bid for a new trial appeared first on FreightWaves.  ( 32 min )

Do you love dividends? Of course you do — and rightly so! Scholars who study the stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. Simply put, if you’re not investing in dividend stocks, you’re doing it wrong. Using the TipRanks platform, we’ve looked up two stocks that are offering up to 24% yield – that’s almost 15x higher the average yield found i  ( 33 min )

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Amazon will release an app in Shopify’s ecosystem, allowing merchants to integrate a 'Buy With Prime' option into a product's page.  ( 26 min )

Amazon advertising will likely help define the tech giant's business in years to come.  ( 33 min )

Palantir downgraded, Shopify upgraded: Wall Street's top analyst calls  ( 33 min )

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The Federal Reserve's preferred inflation metric edged higher in July, likely raising the odds of another Fed rate hike at its November meeting.  ( 33 min )

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Citi turned bullish on Arista shares, seeing growth ahead from cloud computing providers  ( 26 min )

Shares of Dollar General are sinking premarket after the retailer reported a drop in quarterly profit and cut is sales and earnings outlook. The stock was recently down 15% at $133.85 ahead of the opening bell. Dollar General said its gross profit rate fell in the second quarter, citing factors in  ( 22 min )

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U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep interest rates unchanged next month. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.8% last month, the Commerce Department reported on Thursday. Slowing inflation and a still tight labor market, which is keeping wage gains elevated, are supporting consumer spending and propping up the economy.  ( 31 min )

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September. The year-over-year figure, though, is down sharply from the 7% peak it reached a year ago, though still above the Fed's 2% inflation target. The latest data follows other recent reports that suggest the economy and the job market may be slowing enough to cool inflation pressures.  ( 32 min )

The optical networking hardware company is seeing strong demand from cloud providers.  ( 26 min )

Morgan Stanley analyst Joshua Pokrzywinski bumped the shares to Hold From Sell. His price target went to $113 from $102 each.  ( 26 min )

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(Bloomberg) -- Palantir Technologies Inc. was downgraded to underweight at Morgan Stanley, the latest indication of how Wall Street is skeptical of the software company, which has touted itself as a major player within artificial intelligence.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsEurope's Biggest Oil Company Quietly Shelves a Radical P  ( 31 min )

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Dollar General posted fiscal second-quarter earnings of $2.13 a share on revenue of $9.8 billion.  ( 26 min )

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Tough luck job seekers. As job listings and quit rates shrink, the great reshuffling of the pandemic-era has come to an end.  ( 33 min )

Dollar General cut its annual sales and profit forecasts on Thursday, hurt by a decline in store traffic and the discount retailer's move to sell more low-margin essentials over discretionary products. U.S. consumers, particularly in low-to-middle-income groups, have been feeling the pinch as reductions in government funding and lower tax refunds worsen inflationary pressures. The company said gross profit as a percentage of net sales was down 126 basis points in the second quarter from last year, driven by lower inventory and increased shrink, as well as inventory damages.  ( 31 min )

Data revealed a further contraction in the world's second-largest economy, but it wasn't as bad as expected and there are bright spots to look to.  ( 26 min )

The analyst pointed out that a handful of high-performing stocks are yet to reach the highs they enjoyed in 2021.  ( 33 min )

In the latest set of earnings results, several lenders have increased their provisions for loan defaults as borrowings becoming pricier in a slowing economy has elevated the risk of clients falling behind on their mortgage and credit card repayments. CIBC, Canada's fifth largest bank by market capitalization, reported C$736 million in provisions for credit losses at the end of the third quarter, compared with C$243 million in the year-ago quarter. Peers, Bank of Montreal and Bank of Nova Scotia missed quarterly profit estimates earlier in the week, weighed down by higher provisions.  ( 31 min )

September is the worst month generally for the stock market. But when you look at the data, there's reason to be bullish.  ( 32 min )

A September 14 contract expiration could impact 4,300 local jobs, if Ford and GM don't come to an agreement with the UAW.  ( 23 min )

IRS fraud filters can trigger frustration for real taxpayers — including those ignore IRS letters. National Taxpayer Advocate details the challenges.  ( 35 min )

Salesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a second-quarter net profit of $29 billion following the integration of Credit Suisse.  ( 27 min )

(Bloomberg) -- For more than half a century, US farmers dominated the international market for corn, shipping more of the critical crop than any other country to feed the world’s livestock, fill its stockpiles and manufacture its processed foods. Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Smashes Banking Record as It Absorbs Credit SuisseHong Kong to Shut Down City Before Super Typhoon Saola HitsSingapore S$1 Billion Laundering Scandal Embroils Its Bank  ( 33 min )

UBS is making progress integrating Credit Suisse, the former rival it acquired at a fire sale price earlier this year.  ( 27 min )

Pernod Ricard reported below-forecast sales and profit for fiscal 2023, but backed its medium-term financial targets and said it planned a €800 million share buyback. The stock opened almost 5% lower.  ( 24 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Palantir Technologies, Box, Chewy, and Victoria's Secret. Palantir Technologies (NYSE:PLTR) shares fell more than 4% pre-market today after Morgan Stanley downgraded the company to Underweight from Equalweight with a price target of $9.00 (from $8.00), as reported in real time on InvestingPro. Craig-Hallum downgraded Box (NYSE:BOX) to Hold from Buy and cut its price target to $30.00 from $35.00.  ( 32 min )

Swiss bank UBS announced Thursday plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse's domestic operations, as UBS released its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown. In a separate statement, Credit Suisse, calling itself a UBS subsidiary following the completion of the deal on June 12, announced a loss of 8.9 billion Swiss francs ($10.1 billion) as it wrapped up its accounting for all of 2023. UBS appeared to make no mention of one of the major outstanding questions: how many of Credit Suisse's 50,000 employees would be kept on.  ( 31 min )

Core PCE has inched down since February. Now, technical effects are reversing that.  ( 27 min )

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The Commerce Department is expected to report its PCE Price Index increased in July and Salesforce shares jumped after it beat expectations on improved margins. Here’s what investors need to know today.  ( 1 min )

How far can good vibes push the market? That’s a question investors should think about, especially if events pan out as investing legend Leon Cooperman believes they will. The billionaire hedge fund manager does not see the current rally in stocks as anything sustainable, and cautions that it is built more on positive sentiment than on anything solid. Moreover, he holds a pessimistic outlook regarding the S&P 500‘s ability to not only reach but also surpass its peak level of 4,800 achieved back  ( 35 min )

The decline in the second quarter was the biggest since 2008, except for the first quarter, which saw a 48% drop, Redfin said.  ( 31 min )

New York Attorney General Letitia James raised the allegation in a lawsuit seeking $250 million and sanctions that would halt the Trump Organization's operations in New York.  ( 31 min )

Moves in the Vietnamese EV start-up's shares serve up lessons it can take seasoned traders years to learn.  ( 27 min )

(Bloomberg) -- Key Nvidia Corp. partner Quanta Cloud Technology expects to double sales of its artificial intelligence servers in 2024 and demand to persist over the longer term as businesses weave AI into their operations and services.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryStocks Up Again in ‘Bad News Is Good News’ World: Markets WrapSingapore S$1 Billion Laundering Scandal Embroils Its Banking GiantsFed Ramps Up Demands for Corrective Actions by Regio  ( 32 min )

Hurricane Idalia today did much less damage than Hurricane Ian did last year.  ( 27 min )

Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.  ( 20 min )

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Salesforce stock jumped after the software giant reported second quarter results that beat Wall Street expectations across the board.  ( 33 min )

Salesforce stock jumped after the software giant reported second quarter results that beat Wall Street expectations across the board.  ( 32 min )

Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 18 min )

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Lenders reported a net loss of $534 per mortgage origination in the second quarter of 2023, according to the Mortgage Bankers Association.  ( 32 min )

'Dare we say Nvidia is now cheap?' Melius Research analysts Ben Reitzes and Nick Monroe wrote in a note to investors.  ( 32 min )

Chances are most Americans have never heard of EV-maker VinFast (VFS). But that hasn’t kept the company out of the limelight, due to its sky-high valuation and violent swings in stock price.  ( 35 min )

Michael Sonnenshein called his firm's courtroom win over the SEC "overwhelming" in an interview with Yahoo Finance.  ( 34 min )

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Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta's combined spending.  ( 32 min )

The Biden administration has blocked sales of some of Nvidia’s most-prized microchips to the Middle East amid rising concerns about China’s access to the critical artificial intelligence resources.  ( 32 min )

CEO R.J. Scaringe's base salary is now $1 million a year, up from $650,000.  ( 26 min )

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How much juice does Nvidia stock have after a historic year?  ( 33 min )

The settlement was announced Wednesday without Plug Power admitting or denying any wrongdoing.  ( 18 min )

"I have no desire to get to work at four in the morning."  ( 32 min )

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“It takes 20 years to build a reputation and five minutes to ruin it," the Sage of Omaha said. "If you think about that, you'll do things differently.”  ( 32 min )

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The company also announced a $5 million donation that its independent foundation will use to launch a grant program to support people and organizations on the front lines of health care in underserved populations who are driving innovation in global health.  ( 20 min )

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The Biden Administration has a punchy target to install 30 gigawatts of offshore wind by the end of the decade. That won’t happen until the numbers stack up for struggling wind farm players. Shares in Ørsted, the world’s top developer of offshore wind projects, fell 24% Wednesday after the Danish c  ( 22 min )

The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to 3.6 million salaried workers, going even further than an Obama-era rule that was struck down in court. The U.S. Department of Labor released a proposed rule that would require employers to pay overtime premiums to workers who earn a salary of less than $1,059 per week, or about $55,000 per year. The current salary threshold of about $35,500 per year was set by the Trump administration in a 2020 rule that worker advocates and many Democrats have said did not go far enough.  ( 30 min )

Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes.  ( 26 min )

The oldest advice in the financial markets is to buy low and sell high. The trick to winning, however, is to find the right stocks to buy, and to remember that ‘buy low’ doesn’t always mean these stocks can’t go lower. Sometimes the best bargains really do come in at the lowest prices. There are plenty of stocks under $10 that won’t break your bank and still offer substantial upside potential. How substantial? Well, the analysts at investment banking giant Oppenheimer have pinpointed two winners  ( 34 min )

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He considers his two wedding rings to be his top investments, though.  ( 32 min )

To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.  ( 27 min )

Fundamentals are improving more slowly than the company had hoped, prompting management to lower its outlook for the October 2023 fiscal year.  ( 26 min )

Stephanie Ruhle confirmed that she had three phones: a work phone, a personal phone and a “Kevin Plank phone”.  ( 33 min )

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The Commerce Department’s second estimate of growth last quarter marked a slight acceleration from a 2% annual growth rate from January through March. The American economy — the world’s largest — has proved surprisingly durable in the midst of the Fed’s aggressive campaign to stamp out a resurgence of inflation, which last year hit a four-decade high. Since March of last year, the Fed has raised its benchmark rate 11 times, making borrowing for everything from cars to homes to business expansions much more expensive and prompting widespread predictions of a coming recession.  ( 31 min )

The Wall Street speculator that famously bet against Enron this time took aim at the inflated value of VinFast, the world's third largest carmaker by market cap.  ( 32 min )

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Johnson & Johnson maintains its quarterly dividend of $1.19 a share after spinning out consumer-health company Kenvue, although it lowers its earnings and sales projections.  ( 27 min )

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Nvidia is cheaper than Alphabet, Microsoft and Apple on a growth-adjusted basis according to Melius Research.  ( 27 min )

The company started charging some users for ChatGPT earlier this year.  ( 31 min )

Johnson & Johnson on Wednesday forecast 12.5% growth in its annual adjusted profit after completing the separation of consumer health company Kenvue. The company expects 2023 adjusted reported earnings per share of $10.00 - $10.10 in 2023, reflecting increased growth of 12.5% at the mid-point.  ( 29 min )

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(Bloomberg) -- Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish kroner ($2.3 billion) to its US portfolio because of supply chain issues and soaring interest rates. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsSingapore Money Laundering Case Embroils City’s  ( 32 min )

↘️ HP (HPQ): The maker of computers and printers trimmed its outlook for the current fiscal year and said it expects pricing pressures to continue. Shares fell nearly 9% premarket. ↘️ [Hewlett Packard Enterprise (HPE)](https://www.wsj.com/market  ( 22 min )

U.S. stock futures edged lower after markets rallied in the previous session, with labor data spurring optimism that the Federal Reserve is finished raising interest rates. Another employment indicator—ahead of Friday’s key jobs report—is due Wednesday. Futures for the Dow Jones Industrial Average  ( 14 min )

Tesla shares fall after the stock saw its largest one-day percentage increase since March, VinFast trades higher following a slump of 44% in the previous session, HP Inc. trims its outlook for fiscal 2023, and Nvidia dips after setting a record closing high.  ( 26 min )

(Bloomberg) -- Equity futures edged higher on speculations the Federal Reserve is nearing the end of its tightening campaign, while persisting concerns over China’s economic recovery weighed on its equities.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantCrypto Scores Landmark US Legal Win With Grayscale ETF RulingWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up Most Since June as F  ( 33 min )

Burger King is being sued by unhappy customers who claim its flagship Whopper burger is too small.  ( 30 min )

A federal court on Tuesday swatted down the SEC's reasoning for denying one such products. It was one of the most widely anticipated rulings this year.  ( 39 min )

The company is a spinout from J&J. For income seekers, that link remains vital.  ( 39 min )

Powell is right: Risk management pays. This options strategy works if stocks rise—and also if they fall.  ( 26 min )

Nvidia Corp’s soaring rally has thrilled investors this year - except for the sizeable number of fund managers who avoided what they believe to be an expensive stock. Across nearly 330 mutual funds benchmarked to the S&P 500 or a similar index, only 15% held an above-index weight in Nvidia, according to a Morningstar analysis of the funds' most recent regulatory filings. Among those funds that held a below-average weight in Nvidia, 85% underperformed the index so far this year, Morningstar's data showed.  ( 33 min )

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Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as concerns about a hurricane in the Gulf of Mexico kept investors on edge. Brent crude futures for October rose 17 cents, or 0.2%, to $85.66 a barrel by 0133 GMT. U.S. crude stocks declined by about 11.5 million barrels in the week ended Aug. 25, according to market sources citing American Petroleum Institute figures on Tuesday.  ( 31 min )

China's embassy in Washington on Tuesday defended its business practices after U.S. Commerce Secretary Gina Raimondo said U.S. firms had told her that China had become "uninvestible." Asked to respond to the comments Raimondo made in China, embassy spokesperson Liu Pengyu said that most of the 70,000 U.S. firms doing business in China wanted to stay, that nearly 90% were profitable, and that Beijing was working to further ease market access for foreign companies. "China is actively advancing its high-level opening-up and making efforts to provide a world-class, market-oriented business environment governed by a sound legal framework," he said.  ( 30 min )

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Tech stocks were extending their recent recovery on Tuesday, with the tech-heavy NASDAQ surging 1.74%. The good news, according to Wedbush’s Daniel Ives – a 5-star analyst rated in the top 2% of the Street’s stock pros – is the development of a tech rally that is anticipated to conclude the year on a bullish note. Ives doesn’t hesitate to explain his stance, writing in a recent note on the situation and prospects for tech stocks: “We see tech stocks rallying into year-end as the new tech bull ma  ( 34 min )

U.S. equities rose, with the S&P 500 closing 0.4% higher on Wednesday, Aug. 30, 2023 after jobs and GDP data raised expectations the Fed may pull back on rate hikes.  ( 1 min )

Electric vehicle (EV) sales in Europe surged more than 50% from a year ago in July, driven by rising demand, greater availability of parts, and easing supply chain constraints.  ( 1 min )

U.S. equities gained at midday on Wednesday, Aug. 30, 2023 after reports of slowing private sector job growth and a downward revision of GDP raised optimism the Fed might not hike rates.  ( 1 min )

Private sector job growth is expected to slow and HP shares tumbled as weak PC prices resulted in mixed results from the computer maker. Here’s what investors need to know today.  ( 1 min )

U.S. equities gained, with the S&P 500 closing 1.5% higher on Tuesday, Aug. 29, 2023, as jobs data boosted hopes of a rate hike pause.  ( 1 min )

Rates on 30-year mortgages dropped for a second day, sinking to their lowest average in more than two weeks and well below the 22-year peak they registered last week.  ( 20 min )

A yearly renewable term is a one-year term life insurance policy that can be continued year after year for a more expensive premium. Here's how these policies work.  ( 21 min )

The Federal Emergency Management Agency has just $3.4 billion in the fund it uses to respond to disasters and help victims—an amount that can quickly be depleted by hurricanes and other catastrophes.  ( 20 min )

Investors bought 50,000 homes in the second quarter, the lowest for any second quarter in seven years, and down by nearly half from the second quarter of 2022, according to Redfin.  ( 17 min )

McMansion is a negative term that refers to a large, often-ostentatious suburban home that lacks style or uniqueness.  ( 22 min )

Personal loans are not considered income and cannot be taxed unless the loan is forgiven.  ( 24 min )

Today's best CD rates include a new record of 6.00% from American 1 Credit Union. Runners-up include 5.85% from One America Bank and 5.80% from Finworth.  ( 19 min )

Learn the factors that affect the profitability of companies in the insurance sector.  ( 21 min )

India is offering $2.1 billion in incentives to tech firms that manufacture PCs, laptops, and other electronic devices in the country, and received 32 bids so far.  ( 16 min )

A currency has limited convertibility if the government that issues it regulates its exchange with any other nation's currency.  ( 20 min )

U.S. equities rose, with the S&P 500 closing 0.4% higher on Wednesday, Aug. 30, 2023 after jobs and GDP data raised expectations the Fed may pull back on rate hikes.  ( 16 min )

While life insurance is not essential for a baby, here are the benefits of getting a small policy.  ( 24 min )

Learn some of the important differences in how the NYSE and Nasdaq operate and the securities that trade on each exchange.  ( 26 min )

Learn about which types of mutual funds pay the highest dividends, including how dividend stock and bond funds generate the highest dividend yields.  ( 18 min )

China has been the largest exporter of goods in the world since 2009. Official estimates suggest the total value of its exports was $3.71 trillion in 2022.  ( 22 min )

Personal income is the total compensation from several sources collectively received by all individuals or households in a country.  ( 21 min )

A Certified Senior Consultant was someone certified in key issues facing seniors, including government benefits, income streams, and long-term care.  ( 18 min )

Alphabet's Google scheduled its Made by Google event for October 4 in New York City, where it is expected to unveil its new Pixel 8 and Pixel 8 Pro phones and an updated smart watch.  ( 17 min )

After more than a decade of quantitative easing (QE) in the aftermath of the 2008 financial crisis, central banks around the world are taking a hit on their profitability as they unwind their balance sheets and raise interest rates.  ( 19 min )

The COBRA health insurance program allows an individual to retain the coverage of employer-offered insurance in the event of job loss.  ( 30 min )

A poverty trap is a mechanism that makes it very difficult for people to escape poverty.  ( 24 min )

With an impending increase in US interest rates and lower, even negative rates, elsewhere in Europe and Japan, we assess the impact on private equity.  ( 20 min )

Nominal is a common financial term with several different contexts, referring to something small, an unadjusted rate, or the face value of an asset.  ( 22 min )

A hardship default is a failure to make a scheduled payment on a debt due to a financial setback. Learn what a hardship default is, how it works, and how to avoid it.  ( 24 min )

Self-directed investing provides more control over your investments, but robo-advisors do the hard work for you  ( 24 min )

Landlords own the property, but tenants have unique protections from discrimination, harassment, rent increases, and wrongful eviction.  ( 27 min )

The Dow divisor is a numerical value that is used to calculate the level of the Dow Jones Industrial Average (DJIA).  ( 22 min )

Robo-advisors provide customized advice perfect for beginners and hands-off investors, while self-directed brokerage accounts give you flexibility to control your portfolio.  ( 24 min )

Electric vehicle (EV) sales in Europe surged more than 50% from a year ago in July, driven by rising demand, greater availability of parts, and easing supply chain constraints.  ( 18 min )

The labor market has gotten worse for workers in recent months, but depending on the industry you work in, you still might have a lot of job options—and leverage  ( 17 min )

Disguised unemployment is unemployment with low productivity that does not affect aggregate output.  ( 20 min )

Johnson & Johnson on Wednesday released its first earnings forecast as a standalone pharmaceutical and medical devices company, estimating double-digit growth in earnings this year.  ( 17 min )

HP shares tumbled after warning that the market for PCs and printers remains soft, and it reduced its full-year guidance.  ( 16 min )

U.S. equities gained at midday on Wednesday, Aug. 30, 2023 after reports of slowing private sector job growth and a downward revision of GDP raised optimism the Fed might not hike rates.  ( 16 min )

In the digital age, investors can choose between human-powered online brokers and AI-driven robo-advisors. Both offer benefits for investing in the stock market, but which is better for you?  ( 25 min )

Brown-Forman shares dropped after the maker of Jack Daniel’s and other alcoholic drinks missed profit and sales estimates on higher costs and falling demand for its premium products.  ( 17 min )

Exchange traded funds (ETFs) provide diversified access to different areas of the market, while robo-advisors can help you build a personalized portfolio.  ( 24 min )

How to pay your rent, mortgage, insurance, utilities, and other important bills if you are short on cash due to various circumstances.  ( 27 min )

Learn about the advantages and disadvantages of using the S&P 500 as a benchmark for portfolio performance.  ( 21 min )

Wegovy maker Novo Nordisk is buying Embark Biotech for $16 million, in a move that could boost Novo Nordisk's portfolio of weight loss treatments.  ( 17 min )

GDP is the primary indicator used to measure a country's economic health but a more accurate picture of well-being may be formed when GDP is combined with GPI.  ( 27 min )

Find out why the dividend yield for the S&P 500 Index remains historically low, and what dividend yields used to look like before the Internet Age.  ( 23 min )

Similar to the mortgage-backed securities that led to the 2008 recession, student loan asset-backed securities might cause the next financial crisis.  ( 26 min )

A negative balance in shareholders' equity (also called stockholders' equity) means that liabilities exceed assets and can be caused by a few reasons.  ( 22 min )

U.S. financial regulators unveiled a new set of rules designed to prevent more bank failures, dealing another blow to regional banks that could be burdened with more requirements.  ( 20 min )

The S&P 500 Dividend Aristocrats index tracks the performance of blue-chip companies. A dividend aristocrat tends to be a large blue-chip company.  ( 23 min )

A rising wedge is a bearish stock pattern formed by converging trend lines. Use technical analysis indicators to spot and interpret rising wedge patterns.  ( 21 min )

Private sector job growth is expected to slow and HP shares tumbled as weak PC prices resulted in mixed results from the computer maker. Here’s what investors need to know today.  ( 18 min )

Wondering how to get a business loan? This article provides tips and guidance on how to navigate the loan application process and increase your chances of approval.  ( 22 min )

The Dow Jones Global Titans 50 Index launched in 1999, consisting of 50 of the largest multinational corporations in the world.  ( 19 min )

"FAKO Score” refers to any credit score that is not the “FICO Score” developed and sold by the credit scoring company, Fair Isaac Corporation (FICO).  ( 21 min )

De Nederlandse aardgasreserves zijn naar verwachting over minder dan negen jaar uitgeput. "Als we bij het huidige tempo gas blijven oppompen en er worden geen nieuwe aardgasreserves ontdekt, dan is het op", stelt Peter Hein van Mulligen, hoofdeconoom bij het Centraal Bureau voor de Statistiek (CBS).  ( 4 min )

Al meer dan twee jaar daalt het aantal Nederlanders dat een bijstandsuitkering ontvangt. Jongeren vormen hierop een uitzondering: onder hen stijgt het aantal ontvangers juist.  ( 3 min )

Europese landen hebben in de eerste zeven maanden van dit jaar 40 procent meer vloeibaar gas van Rusland ingekocht dan in dezelfde periode in 2021, voor de Russische invasie van Oekraïne. Dat schrijft de Financial Times op basis van een rapport van ngo Global Witness.  ( 4 min )

Burger King moet zich voor de rechter verantwoorden voor zijn plaatjes van de Whopper. De rundvleesburger ziet er in advertenties rijkgevulder uit dan hij in werkelijkheid is, zeggen verontwaardigde klanten van de fastfoodketen.  ( 3 min )

Nieuwe inflatiecijfers laten zien dat het niet makkelijk is om de prijsstijgingen te beteugelen. Ondanks maatregelen van de ECB en overheden stijgt de inflatie in Spanje al twee maanden op rij. Ook in België en Duitsland blijft het gewenste effect uit.  ( 5 min )

Holland Norway Lines, dat met een veerboot overtochten naar Noorwegen aanbiedt, heeft uitstel van betaling aangevraagd. Het schip vaart voorlopig niet en ook de kaartverkoop ligt stil.  ( 3 min )

De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.  ( 4 min )

De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.  ( 5 min )

De provincie Noord-Holland heeft te makkelijk een vergunning afgegeven voor de bouw van een biomassacentrale in Diemen. Voordat Vattenfall de centrale gaat bouwen, moet het energiebedrijf onderzoek doen naar de gevolgen voor het milieu.  ( 3 min )

De Nederlandse smartphonefabrikant Fairphone presenteerde woensdag zijn vijfde duurzame en eerlijke toestel. De Fairphone 5 wordt volgens het bedrijf gemaakt met oog voor zowel mens als milieu. Daarnaast belooft de telefoonmaker dat de smartphone jaren meegaat.  ( 5 min )

De winst van het Russische gasbedrijf Gazprom is in de eerste helft van dit jaar fors gedaald. Dat komt voornamelijk door de sterk afgenomen gasleveringen aan Europa.  ( 3 min )

Nu chatbot ChatGPT steeds populairder wordt, ligt moederbedrijf OpenAI op koers om een jaaromzet van 1 miljard dollar (0,9 miljard euro) te draaien.  ( 3 min )

De Volksbank moet een boete van 4,5 miljoen euro betalen omdat ze de risico's rond bepaalde leningen jarenlang te laag heeft ingeschat. Dat heeft de Europese Centrale Bank besloten.  ( 3 min )

De prijzen die Nederlandse industriebedrijven vragen voor hun goederen waren in juli lager dan een jaar eerder. Het is de vierde maand op rij dat de prijzen zijn gedaald.  ( 4 min )

We brengen vanwege klimaatverandering steeds vaker de vakantie door in Noorwegen en Zweden. Dat zegt reiskoepel ANVR, die het aantal Nederlanders dat naar Scandinavië gaat met tientallen procenten ziet stijgen in vergelijking met 2019, het laatste jaar voor corona.  ( 4 min )

Alphabet's Google scheduled its Made by Google event for October 4 in New York City, where it is expected to unveil its new Pixel 8 and Pixel 8 Pro phones and an updated smart watch.  ( 1 min )

Wegovy maker Novo Nordisk is buying Embark Biotech for $16 million, in a move that could boost Novo Nordisk's portfolio of weight loss treatments.  ( 1 min )

Shares of Big Lots skyrocketed after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.  ( 1 min )

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VinFast stock snapped a six-day winning streak, hard. Shares fell 43.8% Tuesday, wiping out about $90 billion in market value.  ( 26 min )

Starting in 2026, people over 50 will have to make catch-up contributions to Roth 401(k)s. The was previously slated to change in 2024.  ( 26 min )

(Bloomberg) -- HP Inc. reduced its full-year cash flow and profit outlook, saying a rebound in the market for personal computers will take longer than expected. The shares declined about 5.5% in extended trading.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June  ( 32 min )

To come up with their list, the strategists assessed free cash flow as well as cash burn or spending for the previous 12 months.  ( 27 min )

In a recent episode of "The Ramsey Show," renowned radio host and personal finance expert Dave Ramsey delivered a straightforward message to a young woman from Orlando, Florida. Ramsey bluntly stated, "Ouch. You've screwed yourself. You've really made yourself a mess." This response came after the woman, identified as 28-year-old Selena, shared her recent financial decision to withdraw $26,000 from her 403(b) retirement account to fund a down payment for home construction, with the intention of  ( 32 min )

(Bloomberg) -- Trinity Regional Hospital Sachse, a full-service hospital and emergency room near Dallas, filed for bankruptcy with plans to sell itself just two years after opening.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsCrypto Scores Landmark US Legal Win With Grayscale ETF RulingStocks Up Most Since June as Fed Bets Sink Yields: Marke  ( 30 min )

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(Bloomberg) -- Mullen Automotive Inc. has accused brokerages TD Ameritrade and Charles Schwab of facilitating naked short selling and damaging the electric-vehicle company’s stock price. Most Read from BloombergPutin Agrees to Visit China in First Trip Since Arrest WarrantCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesWhat to Do With a 45-Story Skyscraper and No TenantsUS Court Paves Way for Spot Bitcoin ETF in Grayscale RulingS&P 500 Climbs 1% as Traders Dial Back Fed Wagers: M  ( 32 min )

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In 2019, The Walt Disney Co. celebrated several major successes, including the launch of Disney+ with 10 million subscribers on Day 1, a massive $71 billion acquisition of Fox's entertainment assets and the release of "Avengers: Endgame," the second-highest-grossing movie ever. These achievements showcased Disney's ability to leverage its intellectual property (IP) across various platforms, from theaters to theme parks and streaming. Fast forward almost four years, and doubts have emerged about  ( 33 min )

Walmart is asking some of its 16,000 pharmacists across the U.S. to voluntarily take pay cuts and reduce their working hours in a bid to reduce costs, a person familiar with the matter told Reuters. The cuts, which haven't been previously reported and are aimed at pharmacists in higher wage brackets, highlight the new pressures at Walmart pharmacies, where shoppers are lining up to buy top-selling weight-loss drugs that are high priced but a drag on profits. Walmart also agreed in late 2022 to pay $3.1 billion as its share of an opioid-related legal settlement, which is adding to its legal costs this year.  ( 32 min )

↘️ Hawaiian Electric Industries (HE): The utility company’s stock was down more than 3% in afternoon trading following a big jump Monday. A unit of Hawaiian Electric [denied Monday](https://www.wsj.com/us-news/climate-environment/hawaiian-electric-den  ( 24 min )

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Globalstar also hires other executives from startup founded by Paul Jacobs.  ( 25 min )

A federal appeals court sided with an asset manager that hopes to launch the first bitcoin exchange-traded fund, a major victory for the cryptocurrency industry.  ( 33 min )

Shares of Broadcom, Nvidia, and AMD are rising Tuesday as the sector looks to regain favor with investors.  ( 26 min )

After receiving two buyout offers in the past month, U.S. Steel Tuesday that it is in the process of reviewing multiple offers for the storied company and symbol of American industrialization. U.S. Steel rejected a $7.3 billion buyout proposal from rival Cleveland-Cliffs two weeks ago, and that offer was followed by $7.8 billion bid from the industrial conglomerate Esmark. In a letter to shareholders Tuesday, U.S. Steel said it had entered into confidentiality agreements with “numerous” third parties and was beginning to share due diligence information with potential buyers.  ( 32 min )

A spot-based Bitcoin ETF is now likely coming. Coinbase and other Bitcoin-related stocks are surging.  ( 27 min )

Bitcoin rose Tuesday, extending gains after a court ruled that the Securities and Exchange Commission should not have rejected asset manager Grayscale's spot bitcoin exchange-traded fund applicatio  ( 22 min )

The golden age of wage growth may be over, according to a new ZipRecruiter survey.  ( 32 min )

An appeals court rules the SEC acted arbitrarily when it denied Grayscale's attempt to convert its Bitcoin trust into an ETF.  ( 26 min )

Investors don't know the fate of the famous American manufacturer. Something big is likely to happen though.  ( 26 min )

Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 33 min )

Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.  ( 32 min )

A U.S. judge has rejected Burger King's bid to dismiss a lawsuit claiming that it cheated hungry customers by making its Whopper sandwich appear larger than it actually is. U.S. District Judge Roy Altman in Miami said Burger King must defend against a claim that its depiction of Whoppers on in-store menu boards mislead reasonable customers, amounting to a breach of contract. Customers in the proposed class action accused Burger King of portraying burgers with ingredients that "overflow over the bun," making it appear that the burgers are 35% larger and contain more than double the meat as the chain serves.  ( 30 min )

(Bloomberg) -- Mat Ishbia, the new owner of the Phoenix Suns, pledged more than half of mortgage giant UWM Holdings Corp.’s outstanding shares to secure loans before buying the NBA team for a record $4 billion.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesPutin Agrees to Visit China in First Trip Since Arrest WarrantWhat to Do With a 45-Story Skyscraper and No TenantsStocks Up, Yields Down as Data Fuel Fed Skip Bets: Markets WrapAuto Union Boss Wants 46%  ( 32 min )

With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.  ( 18 min )

The markets have experienced a period of volatility over the past month, raising questions about where they might be heading next. Has the year’s strong rally hit a brick wall, or is it just a pause before the next leg up? It’s a question that has been fielded to Goldman Sachs’ chief U.S. equity strategist David Kostin. The good news for investors is that going by the direction the wider economy is taking, Kostin makes some reassuring noises on the matter. Decelerating inflation data offers conf  ( 34 min )

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Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.  ( 27 min )

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Steelmaker says it has “multiple unsolicited proposals” that include buyouts.  ( 25 min )

Steelmaker says it has “multiple unsolicited proposals” that include buyouts.  ( 25 min )

Oracle upgraded, Farfetch downgraded: Wall Street's top analyst calls  ( 33 min )

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Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.  ( 27 min )

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Nvidia shares have largely moved sideways since its latest earnings. The risks posed by a potential customer slowdown, further China restrictions and growing competition might all be playing on investors' minds.  ( 27 min )

Citi’s Michael Rollins raised Verizon and AT&T to Buy from Neutral but kept a High Risk rating on both stocks, as investors wait for more news on lead-sheathed cable exposure.  ( 27 min )

(Bloomberg) -- Bank of Montreal put aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for US regional lenders. Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees  ( 32 min )

Experts explain that the risky move—which many tie to plans for the founder to step down—could allow the company to catch up with key trends in private board practices that make a board more agile.  ( 32 min )

Best Buy's quarter had several holes in it that investors should consider before cheering an earnings beat.  ( 33 min )

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The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.  ( 32 min )

(Bloomberg) -- PDD Holdings Inc.’s revenue rose a stronger-than-expected 66% after the company behind hit shopping app Temu spent to boost growth at home and abroad to counter a bumpy post-pandemic recovery.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling A  ( 33 min )

U.S. stock futures paused on Tuesday ahead of JOLTs labor market data. They come before the key jobs report due Friday, which is looming large as investors continue to shift their expectations for the outlook for interest rates. Futures for the Dow Jones Industrial Average fell 10 points, or less t  ( 15 min )

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Jassy reportedly told staff: "It's past the time to disagree and commit."  ( 33 min )

NIO reports an adjusted second-quarter loss of 45 cents a share from sales of $1.2 billion. Wall Street was looking for a per-share loss of about 33 cents a share on sales of $1.3 billion.  ( 26 min )

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Stocks rose on Tuesday as hopes of a soft landing intensified with recent jobs data showing labor supply and demand coming closer to balance.  ( 32 min )

Investors are sifting through fresh economic data as the debate over recession continues  ( 32 min )

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Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.  ( 28 min )

Plug Power has increased its investment, jobs and hydrogen production plans for its Genesee County plant.  ( 9 min )

NIO and Best Buy are scheduled to post quarterly earnings on Tuesday, AT&T and Verizon stocks are upgraded, Heico falls after its earnings report, and 3M's board has approved a $6 billion earplugs settlement, according to The Wall Street Journal.  ( 27 min )

(Bloomberg) -- VinFast Auto Ltd. is unprofitable, thinly traded and exciting individual investors as it rises faster than any other large-cap stock worldwide.Most Read from BloombergCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Bi  ( 33 min )

(Bloomberg) -- China’s biggest-selling auto brand withstood a raging price war that engulfed the country this year, with BYD Co. posting second-quarter profit that surged 145% and sending its shares climbing. Most Read from BloombergAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money ManagerCitadel Vets 69,000 Intern Applicants to Find Next Math GeniusesChina’s Worsening Economic Slowdown Is Rippling  ( 32 min )

BEIJING (Reuters) -U.S. Commerce Secretary Gina Raimondo said U.S. companies have complained to her that China has become "uninvestable", pointing to fines, raids and other actions against firms that have made it too risky to do business in the world's second largest economy. The comments, made to reporters onboard a train as her delegation of U.S. officials headed from Beijing to Shanghai, provided a bleak picture of the how U.S. firms view China and was the bluntest Raimondo has made on her trip. "Increasingly I hear from American business that China is uninvestable because it's become too risky," she said.  ( 31 min )

The largest dividend-payers in the energy sector of the S&P 1500 include oil and gas producers and pipeline companies.  ( 27 min )

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"For the first time in a long time, we are seeing customers reduce or cancel orders due to softening end-use demand," a survey respondent said.  ( 31 min )

"When you go from record-low mortgage rates to levels that we haven't seen for almost 20 years, you've destroyed both demand and supply," El-Erian said.  ( 31 min )

Happy talk from Washington, consistently low unemployment, and a slowing pace of inflation have combined to support a positive market sentiment – but can it last? ‘Shark Tank’ star Kevin O’Leary believes it won’t, and he does not hesitate to list the headwinds that could bring ‘real chaos’ by the year’s end. The key factor is higher interest rates. The Federal Reserve has already pushed rates up to their highest level in over 20 years, and the repercussions are spreading. O’Leary takes special c  ( 34 min )

We compared portfolio management, usability, and fees for the best robo-advisors of 2023. Find the best, automated investing portfolio builders for your needs.  ( 40 min )

Today's best CD rates are 5.85% from One America Bank, 5.80% from Finworth, and 5.75% from Abound Credit Union, MapleMark Bank, or BluPeak Credit Union.  ( 19 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 20 min )

An 800-plus credit score shows that you're an exceptional borrower. Here's how to get one and how to enjoy all the benefits it entitles you to.  ( 25 min )

Bad credit can lead to higher interest rates on loans and make it harder to find housing, get the best deals on insurance, and obtain certain jobs. Here's what to do.  ( 26 min )

A subprime borrower is a person who is considered to be a relatively high credit risk for lenders and who may have a harder time obtaining credit, especially at good interest rates.  ( 24 min )

An authorized transaction is a debit or credit card payment for which the merchant has received approval from the card-issuing bank. In most cases today, the authorization process is electronic and virtually instantaneous.  ( 22 min )

Learn the minimum wage in each state and which are above or below the federal minimum wage.  ( 22 min )

The September Effect is a calendar anomaly that refers to historically weak stock market returns for the month of September.  ( 22 min )

U.S. equities gained, with the S&P 500 closing 1.5% higher on Tuesday, Aug. 29, 2023, as jobs data boosted hopes of a rate hike pause.  ( 16 min )

Before you invest in the SPDR S&P 500 ETF or any other ETF based on the index, here are a few things to consider.  ( 27 min )

A year and a half into the Federal Reserve’s campaign of anti-inflation interest rate hikes meant to slow the economy, companies are only just beginning to feel the impact on their finances.  ( 17 min )

The maker of peanut butter, jelly, and other food products posted a fiscal 2024 first quarter profit of $2.21 per share, exceeding analysts’ estimates.  ( 17 min )

Shares of Big Lots skyrocketed after the discount furniture and home products retailer posted a lower-than-expected loss and decline in sales as customer demand improved.  ( 17 min )

Segregated Witness (SegWit) refers to a soft fork change in the transaction format of Bitcoin.  ( 22 min )

Leading global GDP growth rates are increasing the attention on the Reserve Bank of India.  ( 24 min )

Learn why Bitcoin's price fluctuates and about the factors that contribute to the wild price swings.  ( 24 min )

Seventy-four of the top 100 metropolitan areas saw house prices rise over the last four quarters.  ( 17 min )

Automated investing is a technology-driven method of investment management that uses algorithms and mathematical models to invest money on behalf of clients.  ( 23 min )

The rate of people quitting their jobs has fallen to pre-pandemic levels, the latest sign that workers are losing the advantage they’ve held in the labor market for the last two years.  ( 18 min )

Apple has announced a Sept. 12 date for its latest event, expected to highlight the iPhone 15 and an update for the Apple Watch.  ( 17 min )

When the first Labor Day parade was held in 1882 in New York City, workers put in more than 12 hours a day, six days a week. Labor Day became a federal holiday in 1894.  ( 24 min )

The savings account at Apple Bank offers competitive rates, but are they competitive enough? We reviewed Apple Bank so you can decide if the bank is right for you.  ( 21 min )

The oil and gas exploration and production sector currently makes up around 3.8% of the global economy.  ( 23 min )

The U.S. Court of Appeals for the D.C. Circuit has ruled the SEC will need to review Grayscale's application for the launch of a spot bitcoin ETF again.  ( 17 min )

Fiscal Policy is the sister strategy to monetary policy, through which a central bank influences a nation's money supply.  ( 26 min )

The Kyoto Protocol is an international agreement adopted in 1997 that aimed to reduce carbon dioxide emissions and the presence of greenhouse gases.  ( 27 min )

Capital One savings account interest rates are higher than average, and the bank doesn’t charge monthly maintenance fees or have a minimum deposit requirement.  ( 21 min )

The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.  ( 16 min )

Best Buy (BBY) on Tuesday reported better-than-expected earnings for its latest fiscal quarter, but acknowledged a challenging sales backdrop as consumers bought fewer electronics and appliances.  ( 18 min )

U.S. equities rose at midday on Tuesday, Aug. 29, 2023, boosted by tech stocks, as new job openings data raised optimism the Fed may ease off monetary tightening.  ( 16 min )

SEC Form 13F is a quarterly report filed by investment managers to the Securities and Exchange Commission that discloses their U.S. equity holdings.  ( 23 min )

Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )

The house price index (HPI) is a broad measure of the movement of single-family house prices in the United States.  ( 22 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 22 min )

ADRs of Chinese multinational commerce group PDD Holdings jumped on higher sales at its e-commerce sites Pinduoduo and Temu.  ( 16 min )

Catalent shares surged after the struggling drug manufacturer said it would conduct a strategic review and made a deal with activist investor Elliott Investment Management.  ( 18 min )

While personal loan balances will vary among different kinds of borrowers, Americans on average have approximately $11,548 in personal loan debt as of Q2 2023.  ( 22 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 20 min )

ADRs of Nio sank after the Chinese electric vehicle maker posted a wider loss and lower revenue as deliveries dropped.  ( 17 min )

You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )

By 2026, Medicare recipients could pay lower prices for 10 of the most expensive and widely used prescription drugs.  ( 19 min )

Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 22 min )

A cryptocurrency wallet is a software program that stores your cryptocurrency keys and lets you access your coins. Discover how crypto wallets work.  ( 26 min )

A savings account is an essential part of your financial toolbox. Learn about Ally Bank savings accounts and their rates and decide if they are a fit for you.  ( 21 min )

Current and capital accounts represent two halves of a nation's balance of payments: net income and net change of assets and liabilities respectively.  ( 22 min )

A system malfunction has led Toyota to suspend operations in all 14 of its plants in Japan, disrupting its supply chain and temporarily impacting output.  ( 17 min )

Rates on 30-year mortgages edged lower, moving further below last week's historic peak. Rates on 5/6 ARM loans were also down, while most other averages were roughly flat.  ( 20 min )

With home prices hitting record highs, you’d think more people would be putting their houses up for sale—but most people with 30-year fixed-rate mortgages got them at a time when mortgage rates were much lower.  ( 16 min )

BYD reported a 204.7% jump in profit in the first half of the year, stemming from its auto segment as deliveries broke a record.  ( 17 min )

A warm card is a type of bank card that provides restricted access to a business account. Typically, these cards allow deposits but not withdrawals.  ( 21 min )

Personal loan rates moved up again this week, to 21.11%, adding 24 basis points since last week when the average personal loan rate sat at 20.87%.  ( 18 min )

Reduce the cost of owning and maintaining a car with these clever tax tips.  ( 22 min )

Delaware provides favorable tax shelters, which has led high numbers of companies to incorporate there.  ( 22 min )

Monopolies operate without competition, raising prices and lowering quality, and leaving consumers few choices. But monopolies can also benefit consumers.  ( 25 min )

The Dow Jones BRIC 50 Index is a market capitalization-weighted stock index containing 50 of the most liquid and largest companies operating in Brazil, Russia, India, and China (BRIC nations).  ( 21 min )

Data due for release is expected to show home prices and job openings declining, and 3M's board approved a $6 billion settlement over allegations of delivering faulty earplugs to the military. Here’s what investors need to know today.  ( 18 min )

Credit rating agencies assess the creditworthiness of companies and governments and the debt they issue, while credit bureaus provide credit information on individual consumers.  ( 23 min )

These are the top 10 most heavily weighted stocks in the S&P 500 Index.  ( 25 min )

Beer is a complex beverage shaped by supply and demand, production and distribution – with regulation thrown in for that extra kick.  ( 24 min )

From May 31 to June 1 in 1921, the Greenwood District of Tulsa, Okla., “Black Wall Street,” was torched. Thousands were left homeless & some 300 died.  ( 29 min )

Low working capital can be either a sign of financial trouble or an indication of savvy business management. Learn more about how to judge the difference.  ( 20 min )

Pay Czar was the nickname given to Special Master for Executive Compensation Kenneth Feinberg during the 2008-2009 financial crisis.  ( 20 min )

Apple has announced a Sept. 12 date for its latest event, expected to highlight the iPhone 15 and an update for the Apple Watch.  ( 1 min )

The tech giant announced a host of new products aiming to capitalize on artificial intelligence demand at its Cloud Next conference Tuesday.  ( 1 min )

A system malfunction has led Toyota to suspend operations in all 14 of its plants in Japan, disrupting its supply chain and temporarily impacting output.  ( 1 min )

BYD reported a 204.7% jump in profit in the first half of the year, stemming from its auto segment as deliveries broke a record.  ( 1 min )

ADRs of Chinese multinational commerce group PDD Holdings jumped on higher sales at its e-commerce sites Pinduoduo and Temu.  ( 1 min )

ADRs of Nio sank after the Chinese electric vehicle maker posted a wider loss and lower revenue as deliveries dropped.  ( 1 min )

Catalent shares surged after the struggling drug manufacturer said it would conduct a strategic review and made a deal with activist investor Elliott Investment Management.  ( 1 min )

De prijzen voor elektrisch rijden per laadpunt zijn niet altijd even duidelijk voor consumenten, blijkt uit onderzoek van de Consumentenbond. Ook verschillen de laadtarieven soms flink. Experts en NU.nl-lezers geven tips over hoe je je auto toch goedkoop kunt opladen.  ( 4 min )

Opsporingsdiensten van zeven landen, waaronder Nederland, hebben vrijdag en zaterdag samen een groot crimineel netwerk van gehackte computers ontmanteld. Met het netwerk van 700.000 gehackte computers konden hackers fraude plegen of bedrijven afpersen.  ( 3 min )

De Franse overheid probeert bedrijven nog meer aan te moedigen om de prijzen te verlagen. Ook ligt er een plan om kortingen op verzorgingsproducten te maximeren. Supermarktketen Carrefour merkt dat Fransen de hand op de knip houden en wil uitstel.  ( 4 min )

Barça Media, een dochterbedrijf van profvoetbalclub FC Barcelona, verhuist zijn hoofdkantoor naar Nederland. Het hoopt hierdoor beter toegang te krijgen tot Amerikaanse investeerders. Het is het tweede Spaanse bedrijf in korte tijd dat naar ons land komt.  ( 4 min )

China heeft mensen in andere landen geprobeerd te beïnvloeden met ruim 7.700 spam-accounts op Facebook en Instagram. Facebook-moederbedrijf Meta zegt dat het alle accounts heeft verwijderd in wat het bedrijf 'de grootste opruimactie ooit' noemt.  ( 3 min )

Het gevaar van betaalproblemen en restschulden bij aflossingsvrije hypotheken is in de afgelopen drie jaar grotendeels geweken. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek is afgenomen van bijna 600.000 begin 2020 naar ruim 200.000 nu.  ( 4 min )

Frankrijk ziet het zonnig in: het meestbezochte land ter wereld verwacht dit jaar maar liefst 67 miljard euro aan inkomsten uit toerisme. Dat is fors meer dan de 58 miljard euro van vorig jaar.  ( 3 min )

De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.  ( 4 min )

NU.nl kiest elke dag een actueel onderwerp waarover jij uitgebreid met medelezers van gedachten kunt wisselen. De prijzen voor elektrisch laden kunnen flink verschillen per laadpunt, blijkt uit onderzoeken van de Consumentenbond. Rijd jij in een elektrische auto? Hoe zorg je ervoor dat je goedkoop kunt laden? Deel je tips!  ( 2 min )

Het risico op betaalproblemen en restschulden op aflossingsvrije hypotheken is in de afgelopen drie jaar voor een groot deel verdwenen. Het aantal huishoudens met een risicovolle aflossingsvrije hypotheek daalde van bijna 600.000 begin 2020 naar ruim 200.000 nu.  ( 4 min )

De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.  ( 4 min )

De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.  ( 3 min )

Nederland wordt steeds minder afhankelijk van Duitsland. Dat is een van de redenen dat de Nederlandse economie bovengemiddeld snel hersteld is van de coronacrisis.  ( 3 min )

De populaire Volkswagen-curryworst maakt binnenkort een comeback in de bedrijfskantine van het autobedrijf. De kantine in het directiegebouw schrapte de worst in 2021 van het menu, omdat die geen vlees- en visproducten meer verkocht.  ( 4 min )

De technische storing bij de Britse luchtverkeersleiding die maandag is ontstaan, kan volgens BBC News "nog dagen aanhouden". Vanwege de storing zijn al honderden vluchten geannuleerd.  ( 3 min )

U.S. equities rose at midday on Tuesday, Aug. 29, 2023, boosted by tech stocks, as new job openings data raised optimism the Fed may ease off monetary tightening.  ( 1 min )

Data due for release is expected to show home prices and job openings declining, and 3M's board approved a $6 billion settlement over allegations of delivering faulty earplugs to the military. Here’s what investors need to know today.  ( 1 min )

A box-top order is an order to buy or sell the best market price.  ( 18 min )

The Fed has already pushed CD rates to record levels—as high as 5.85%. But it still has three 2023 meetings to go. Will it nudge interest rates even higher this year?  ( 17 min )

U.S. equities added to last week's gains, with the S&P 500 closing up 0.6% on Monday, Aug. 28, 2023, following Fed Chair Powell's interest rate hike comments.  ( 16 min )

Novocure shares plunged after the provider of cancer-fighting treatments reported a Phase 3 trial of its Tumor Treating Fields (TTFields) therapy for ovarian cancer patients failed to meet its goal.  ( 17 min )

Ever since a pandemic-era protection for Medicaid recipients expired in March, states have removed more than 5.4 million people from the rolls—with some states showing more gusto for disenrolling than others  ( 17 min )

Today's best CD rates are 5.85% from One America Bank, 5.75% from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union, and 5.70% from Langley Federal Credit Union.  ( 21 min )

Learn about the fundamental concept of supply and demand and how it relates to individual daily purchases.  ( 22 min )

Medical tool supplier Danaher moved to expand its product offerings by purchasing British biotech firm Abcam Plc for $5.7 billion, including debt.  ( 16 min )

Inflation and the value of money have an inverse relationship. Inflation decreases the value of a dollar, making what you have today worth less tomorrow.  ( 25 min )

ChatGPT Enterprise offers faster performance and uncapped data usage and has already been deployed by companies including Block, Canva, and Estee Lauder.  ( 17 min )

Over four million consumers have been cheated out of almost $3.1 billion, CFPB says.  ( 18 min )

The U.S. Department of Transportation fined American Airlines for violating its rules on tarmac delays of three hours or more.  ( 18 min )

MINT (Mexico, Indonesia, Nigeria, Turkey) is an acronym that refers to a group of countries with the potential to realize rapid economic growth.  ( 19 min )

The Buffett Rule is part of a tax plan that was first proposed in 2011. It would have enacted a 30% effective federal tax rate on the income of millionaires.  ( 23 min )

The Big Five Banks is a term to describe the five largest banks in Canada: Royal Bank, The Bank of Montreal, Canadian Imperial Bank of Commerce, The Bank of Nova Scotia and TD Canada Trust.  ( 22 min )

Goldman Sachs on Monday agreed to sell off its Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).  ( 17 min )

A government policy has microeconomic effects whenever its implementation alters the inputs and incentives for individual economic decisions.  ( 21 min )

Life settlements allow life insurance owners to sell a policy they no longer want or need. Here's how these deals work.  ( 23 min )

Learn about the strong correlation between gold's value and the strength of currencies trading on foreign exchanges.  ( 21 min )

Employers having a hard time filling jobs could get some help from a source that’s traditionally boosted the U.S. economy—immigration.  ( 19 min )

Grocery delivery app Instacart filed its application for an Initial Public Offering (IPO) on Friday after the easing pandemic cut its valuation before a previous attempt late last year.  ( 17 min )

Investopedia's mission is to provide investors with reviews and ratings of robo advisors. We are committed to helping investors at all levels find the right robo-advisor for their needs.  ( 25 min )

After World War II, Germany was in ruins. Learn about the country's quick rise to the third strongest economy in the world.  ( 25 min )

The Express is live and direct from Invest Fest 2023, the flagship event from Earn Your Leisure, as 20,000 attendees flock to Atlanta to learn wealth building, entrepreneurship, and investing lessons from some of the biggest names in the business.  ( 19 min )

Examining the gross domestic product growth and composition of Mexico, the second-largest economy in Latin America.  ( 25 min )

U.S. equities gained at midday on Monday, Aug. 28, 2023, adding to Friday's advance following interest rate comments from Fed Chair Jerome Powell.  ( 16 min )

Rates on 30-year mortgages rose moderately, but thanks to a notable dip in the previous days, rates are still below the 22-year high they reached early last week.  ( 20 min )

3M shares jum reports the conglomerate has tentatively settled lawsuits over accusations of hearing loss by members of the military who used its earplugs.  ( 18 min )

Boston Scientific (BSX) reported positive results from a clinical trial for an electrical field system to treat patients with atrial fibrillation (AF).  ( 16 min )

Financial analysts work in different ways. Learn about potential conflicts of interest and whether a sell-side, buy-side, or independent analyst is for you.  ( 24 min )

Initial vehicle deliveries in Belgium, Switzerland, and the Netherlands are slated for the end of September.  ( 18 min )

Read about the impact of quantitative easing, or QE, on stock market prices, and learn the potential implications of ending this monetary policy.  ( 22 min )

Horizon Therapeutics shares jumped more than 5% early trading Monday after the FTC said it would suspend its challenge to Amgen's acquisition of the drug maker.  ( 18 min )

A business grant is a sum of money given to a business by a donor. In the U.S., the largest donors are the federal government, state governments, foundations, charities, and corporations. Business grants have a key difference from business loans: you don’t have to pay them back.  ( 24 min )

You can apply for a small business grant from a variety of sources. Once you’ve found a grant that you are eligible for, you’ll typically need to apply online and attach a number of documents.  ( 24 min )

Jabil shares jumped after agreeing to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD for $2.2 billion.  ( 17 min )

The price of an option, otherwise known as the premium, has two basic components: intrinsic value and time value.  ( 20 min )

Chinese start-up Xpeng eliminated a potential rival and gained tech by acquiring mobility company DiDi's smart EV development arm, leading its shares to soar.  ( 17 min )

Stellar, which shares similarities with Ripple, is a low-cost, open-source, distributed ledger platform.  ( 21 min )

Driverless cars have piqued human interest for centuries. A true driverless car, however, has remained elusive until recently.  ( 26 min )

Fears are rising that China is headed for an economic "hard landing" due to its property sector's debt accumulation—leading to concerns it may impact other international economies.  ( 19 min )

Horizon Therapeutics shares jumped after the Federal Trade Commission paused a challenge to its acquisition by Amgen and Chinese EV maker XPeng announced a partnership with ride-hailing provider Didi. Here’s what investors need to know today.  ( 18 min )

A survey of July mortgage performance data by analytics firm Black Knight finds that foreclosure activity has hit its lowest level in 15 months, as serious delinquencies continue to fall.  ( 18 min )

Common policy declarations contain the basic information that defines an insurance policy, such as the amount of coverage, premium, and policy terms.  ( 20 min )

Maximum Foreseeable Loss (MFL) is the largest financial hardship a policyholder may have after an adverse event damages or destroys covered property.  ( 20 min )

An absentee landlord, most often found in commercial real estate ownership, rents the property but is not located on or near the property.  ( 19 min )

Landlords don't always bother to send receipts to renters, but there are important reasons renters should insist on getting proof that they paid.  ( 20 min )

Your health insurance plan has set co-pays for doctor visits and prescriptions, as well as a deductible. But what’s the difference between the two?  ( 23 min )

The meltdown of the subprime mortgage market in 2007 and 2008 led to the Great Recession. Learn more about the factors that caused the financial crisis.  ( 27 min )

Discover the impact that Amazon has on the greater U.S. economy in terms of wage growth, inflation, and wealth creation.  ( 26 min )

There are significant obstacles preventing perfect competition in today's economy, and many economists think it is better that way. Learn more about why this happens.  ( 22 min )

A security deposit is money that is given to a lender, seller, or landlord as proof of intent and may be used to pay for damages caused by a renter.  ( 19 min )

All-risks coverage is insurance coverage for any incident that an insurance policy doesn’t specifically exclude.  ( 18 min )

America's first citizens enjoyed few to no taxes. Over time, taxes were added, increased—and occasionally repealed—to give us our current tax regime.  ( 27 min )

Chain banking is a form of bank governance that occurs when a small group of people control at least three banks that are independently chartered.  ( 22 min )

Bitcoin's debut as an investment vehicle may be complicated by the rehypothecation and commingling practices of Wall Street firms.  ( 19 min )

U.S. equities added to last week's gains, with the S&P 500 closing up 0.6% on Monday, Aug. 28, 2023, following Fed Chair Powell's interest rate hike comments.  ( 1 min )

U.S. equities gained at midday on Monday, Aug. 28, 2023, adding to Friday's advance following interest rate comments from Fed Chair Jerome Powell.  ( 1 min )

Horizon Therapeutics shares jumped after the Federal Trade Commission paused a challenge to its acquisition by Amgen and Chinese EV maker XPeng announced a partnership with ride-hailing provider Didi. Here’s what investors need to know today.  ( 1 min )

Medical tool supplier Danaher moved to expand its product offerings by purchasing British biotech firm Abcam Plc for $5.7 billion, including debt.  ( 1 min )

ChatGPT Enterprise offers faster performance and uncapped data usage and has already been deployed by companies including Block, Canva, and Estee Lauder.  ( 1 min )

The U.S. Department of Transportation fined American Airlines for violating its rules on tarmac delays of three hours or more.  ( 1 min )

Novocure shares plunged after the provider of cancer-fighting treatments reported a Phase 3 trial of its Tumor Treating Fields (TTFields) therapy for ovarian cancer patients failed to meet its goal.  ( 1 min )

Goldman Sachs on Monday agreed to sell off its Personal Financial Management (PFM) unit to Creative Planning, a Kansas-based Registered Investment Advisor (RIA).  ( 1 min )

Boston Scientific (BSX) reported positive results from a clinical trial for an electrical field system to treat patients with atrial fibrillation (AF).  ( 1 min )

Initial vehicle deliveries in Belgium, Switzerland, and the Netherlands are slated for the end of September.  ( 1 min )

3M shares jum reports the conglomerate has tentatively settled lawsuits over accusations of hearing loss by members of the military who used its earplugs.  ( 1 min )

Jabil shares jumped after agreeing to sell its mobility business to the electronics arm of EV maker and Apple vendor BYD for $2.2 billion.  ( 1 min )

Horizon Therapeutics shares jumped more than 5% early trading Monday after the FTC said it would suspend its challenge to Amgen's acquisition of the drug maker.  ( 1 min )

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Gift tax can apply when you give money or other assets to someone else. As the gift-giver, you're responsible for paying any tax due. The IRS allows you to make financial gifts up to a certain exclusion limit each year … Continue reading → The post What Is Gift Splitting? appeared first on SmartAsset Blog.  ( 33 min )

(Bloomberg) -- In a hotel ballroom overlooking the South China Sea, 24-year-old Taylor sits with 13 other university students in hoodies and sneakers coding away on laptops during their school break. Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsAuto Union Boss Wants 46% Raise, 32-Hour Work Week in ‘War’ Against Detroit CarmakersGoldman Is Selling a Wealth-Advisory Unit to $240 Billion Money Man  ( 35 min )

Workhorse Group fell short in its first try to get shareholders to more than double the number of outstanding shares in the electric step van maker. The post Workhorse falls short on votes to increase share count appeared first on FreightWaves.  ( 32 min )

“China has now seen consistent and large outflows for the past 18 months, as investors grow wary of autocracies,” IIF chief economist Robin Brooks wrote in a Sunday post.  ( 32 min )

Medical Properties Trust is responding to a skeptical take on its Prospect deal.  ( 15 min )

The cuts at the Los Angeles-based insurance company amount to 11% of its workforce. They come as insurers have shown increasing reluctance to write policies for Californians.  ( 32 min )

Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.  ( 26 min )

Here's what has changed, what has not, and what has stayed the same since the July bid for the Pittsburgh steelmaker became public two weeks ago.  ( 10 min )

Personal finance expert Dave Ramsey has raised concerns about the growing popularity of adjustable-rate mortgages (ARMs). In a recent episode of "The Ramsey Show," Ramsey didn't hold back in describing ARMs as a "ticket to foreclosure" rather than a pathway to homeownership. In the episode, co-host George Kamel brought up a "passive-aggressive" question posted on Experian regarding whether adjustable-rate mortgages could help people purchase homes. Ramsey made it clear that he saw a potentially  ( 31 min )

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Ever wondered where the truly wealthy stash their cash? It’s a question that fascinates many, and the answer might surprise you. A recent survey by Bank of America Private Bank sheds light on the financial habits of millionaires in the United States. It turns out that the wealthiest Americans, particularly those ages 21 to 42 with at least $3 million in investable assets, are taking a different approach to wealth management than their older counterparts. According to the survey, these young mill  ( 32 min )

Increased analysts' estimates since Nvidia's strong quarterly report last week have left the world's most valuable chipmaker trading at its lowest forward earnings multiple in eight months. Nvidia's stock added nearly 2% to $468 on Monday, leaving it down almost 1% since last Wednesday, when the Santa Clara, California company far exceeded expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. At that price, Nvidia shares are trading at the equivalent of around 33 times expected earnings over the next 12 months, according to Refinitiv data.  ( 31 min )

After toppling Bud Light to become the best-selling beer brand in the U.S. on the year, Modelo Especial has extended its lead over the beleaguered Anheuser-Busch brand.  ( 32 min )

“Copper’s eventual bull run is likely to make oil’s famous 2008 rally look like child’s play,” Citi’s managing director for commodities research, told clients.  ( 33 min )

The popular A.I. open-source platform Hugging Face was already a unicorn in 2022, but the company just keeps drawing in major funding.  ( 33 min )

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In the realm of wise investors and business moguls, Charlie Munger, the billionaire business partner of Warren Buffett, is a source of valuable advice. His interests span wide, but they all converge on a singular focus: the pursuit of wealth, happiness and the avoidance of making dumb mistakes. During the 2023 Berkshire Hathaway Inc. annual meeting, Buffett expressed his desire to be born in the present day, considering it a superior world compared to any before. He acknowledged that modern comm  ( 33 min )

Tesla (NASDAQ:TSLA) is primarily known as a company that makes electric vehicles (EVs), but that only tells part of the story. In fact, when you sum up all the different elements, says Wedbush analyst Dan Ives, a bigger picture emerges. “With Tesla production strong and OEMs lining up for access to its supercharger network, we believe the sum-of-the-parts story for Tesla is fully in stride with its newly released supercharger network OEM deals, energy business, AI-driven autonomous path, unmatch  ( 32 min )

As the chairman of O’Leary Ventures and a star on the reality TV show “Shark Tank,” Kevin O’Leary has seen a lot of business triumphs and blunders. But what’s been happening to Bud Light lately still strikes him as unprecedented. In a recent interview with Fox Business, O’Leary said that Bud Light's situation is unheard of in the beer industry. “Beer brands take decades to build and usually are fighting [for] 1% to 2% share per year by spending hundreds of millions of dollars on advertising,” he  ( 33 min )

Inflation has been a big concern for both the Federal Reserve and investors. But according to Tom Lee, co-founder and head of research at Fundstrat Global Advisors, this concern will soon diminish. "I think inflation is on a glide path towards sub three, sub two by the middle of next year," Lee said on CNBC recently. In July, the consumer price index (CPI) rose 3.2% from a year ago. Core CPI, which excludes food and energy, showed a 12-month increase of 4.7%. Both metrics increased by 0.2% month  ( 33 min )

Through Friday, the market benchmark was down 5.3%, while the tech stock had fallen 9.1%.  ( 26 min )

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VinFast stock is soaring again on heavy trading volume. The average holding period for VinFast stock is less than two days.  ( 26 min )

Chinese electric vehicle maker Xpeng signed a development deal with mobility and ride-sharing giant Didi, linking two of China’s most prominent tech names.  ( 33 min )

3M Company led Yahoo Finance's trending tickers page on Monday morning after the company reportedly reached a $5.5 billion settlement over faulty ear plugs.  ( 33 min )

There is good news for investors in the aerospace company a few days after a quality problem with a supplier knocked a few dollars off the stock price.  ( 27 min )

Just because something hasn’t happened yet, doesn’t mean it isn’t about to. That essentially is the view of legendary investor Stanley Druckenmiller on the prospect of a looming recession. Unlike other financial prognosticators, Druckenmiller hasn’t flip-flopped on the issue and has remained adamant a recession is on the way. “To me the probabilities haven’t changed,” Druckenmiller has said, “it has been pushed out relative to expectations, but in no way does the fact that it hasn’t started yet  ( 34 min )

Nvidia upgraded, CrowdStrike downgraded: Wall Street's top analyst calls  ( 33 min )

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China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.  ( 27 min )

Stock futures were higher early Monday as markets continue to digest Powell's key speech from last week.  ( 32 min )

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The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.  ( 26 min )

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XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).  ( 27 min )

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Smaller owners of hotels are finding it tough to compete against giant players like Host. The Hersha takeover may not be the last opportunistic move by private equity we see in the lifestyle hotel segment.  ( 31 min )

Buybacks can often be a key ingredient to stock market returns for investors.  ( 26 min )

Stock futures were higher early Monday as markets continue to digest Powell's key speech from last week.  ( 32 min )

The industrial scientific-supplies company agrees to acquire all shares outstanding for $24.00 each.  ( 26 min )

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3M is said to be close a settlement, estimated at about $5.5 billion, that could resolve hundreds of thousands of lawsuits from veterans blaming the company's earplugs for hearing loss.  ( 9 min )

Everyone is talking about an anonymous memo containing damning—and potentially fabricated—accusations against the hedge fund.  ( 32 min )

The electric-vehicle company announced it has opened up new European distribution markets in Belgium, the Netherlands, and Switzerland.  ( 26 min )

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Wells Fargo & Co. is shrinking its real estate footprint in Minnesota in both number of branches and corporate office space in an effort to better serve customers and maximize its resources, one of the bank's regional leaders says.  ( 12 min )

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The Wall Street Journal reports that 3M is nearing a $5.5 billion settlement to resolve claims over potentially faulty earplugs. The amount is lower than analysts expected.  ( 26 min )

The company made a blowout debut on Wall Street this month and has quickly grown in valuation to become the third-most valuable automaker - only behind Tesla and Toyota. But Vinfast's small amount of publicly available shares has made the stock prone to volatility, with shares jumping or slumping more than 14% in 11 of the past 12 sessions. The stock was on track to add nearly $50 billion to its market capitalization, based on the premarket share price of $90.55.  ( 31 min )

Horizon Therapeutics shares jumped after the Federal Trade Commission paused a challenge to its acquisition by Amgen and Chinese EV maker XPeng announced a partnership with ride-hailing provider Didi. Here’s what investors need to know today.  ( 19 min )

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Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns  ( 36 min )

XPeng plans to launch a new EV brand in 2024, targeting the mass market segment at a price range of around 150,000 Chinese yuan ($20,565).  ( 27 min )

Years of disappointment have sapped investor interest in the Californian maker of fuel-cell electricity generators, but now power-starved data center owners are knocking.  ( 26 min )

One of the overarching market themes this year - aside from the hype around artificial intelligence - has been investors avidly building up bets on the Federal Reserve finally announcing an end to its cycle of rate hikes, only to have that optimism dashed. There's no doubt that the U.S. central bank is nearing the end of its mission to wrestle down inflation. Headline inflation in July rose 3.2% on an annual basis - a far cry from last June's 9.1% - and nearing the Fed's 2% target.  ( 31 min )

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It pays off to do a keyword search on China inside of Nvidia's latest earnings call.  ( 33 min )

Bitcoin is giving up gains made over the weekend.  ( 26 min )

(Bloomberg) -- Beaten-down US Treasuries are proving irresistible to some investors even after Federal Reserve Chair Jerome Powell said he’s ready to raise interest rates again to choke off inflation.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champi  ( 32 min )

(Bloomberg) -- Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Combat EarplugsSaudi Arabia’s Interested in Champions League Football EntryThe company’s roughly $1 billi  ( 34 min )

Homeowners are responding to a sharp rise in the cost of a policy.  ( 26 min )

Chinese ride-hailing firm Didi Global has agreed to sell its electric vehicle (EV) arm to EV maker Xpeng in exchange for shares worth HK$5.84 billion (US$744 million), exiting a once promising business that is now crowded with 200 licensed players. Guangzhou-based Xpeng will issue the shares at HK$64.03 apiece, according to exchange filings by the two companies on Monday. Beijing-based Didi, which was slapped with an 8 billion yuan (US$1.1 billion) fine for data violations by China's internet wa  ( 33 min )

Interest on federal loans restarts on Friday and the first payments are due in October.  ( 27 min )

The contract electronics manufacturer says the deal is the largest in its history.  ( 27 min )

3M is a nearing a settlement of about $5.5 billion that would resolve claims it sold faulty combat earplugs to the U.S. military, The Wall Street Journal reports, Jabil reaches an agreement to sell its mobility business to BYD Electronic for about $2.2 billion, and shares of Alibaba and JD.com rise after the Chinese government says it will reduce a tax on trading.  ( 27 min )

BENGALURU (Reuters) -India's Reliance Industries Ltd on Monday appointed the three children of Chairman Mukesh Ambani as board directors at the oil-to-telecoms conglomerate, as the billionaire prepares to eventually hand over the reins. Ambani, Asia's richest person, has previously said his children Isha, Akash and Anant would have significant roles in the business and that Reliance was "in the process of effecting a momentous leadership transition". Mukesh Ambani was re-appointed as chairman of the company for another five years in July.  ( 32 min )

China’s Ministry of Finance on Sunday said it would halve stamp duty on securities transactions, to 0.05%, starting Monday.  ( 27 min )

EUR/USD has scope to fall further, based on technical charts, UOB said, however its downward momentum hasn’t increased much and its fall is approaching oversold territory, so the pace of any drop is expected to be relatively gradual.  ( 24 min )

JPMorgan analysts have indicated that the recent corrective phase in the cryptocurrency markets, accompanied by liquidations, might have concluded.  ( 30 min )

(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. The yuan also strengthened. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M  ( 33 min )

Tail risk refers to the risk of an asst moving three standard deviations from its current price on the back of a rare event.  ( 32 min )

Here is your Pro Recap of the biggest analyst picks and cuts you may have missed today: upgrades at Forward Air, Zimmer Biomet, and UGI, and downgrades at CrowdStrike and L3Harris Technologies. Crowdstrike (NASDAQ:CRWD) shares fell more than 2% premarket today after Morgan Stanley downgraded the company to Equalweight from Overweight and cut its price target to $167.00 from $178.00 ahead of Q2/24 earnings announcement on Wednesday. Morgan Stanley believes that the consensus forecast for NNARR is overly optimistic at 6% year-over-year growth in Q3 and sees a downside to a 12% growth estimate in Q4.  ( 32 min )

(Bloomberg) -- China Evergrande Group delayed key votes on its offshore-debt restructuring plan just hours before they were to occur Monday, adding to uncertainty in a protracted process to finalize one of the country’s biggest restructurings ever.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion Over Mi  ( 33 min )

I insisted for years that a seasonal pattern doesn’t exist for stocks. A recent study has changed my mind.  ( 26 min )

(Bloomberg) -- Tech billionaire Terry Gou denied Beijing could pressure him through his extensive operations in the country, which include much of Apple Inc.’s supply chain — in comments that came as he said he’d run in Taiwan’s next presidential election.Most Read from BloombergChina’s Worsening Economic Slowdown Is Rippling Across the GlobeMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate Polls3M Agrees to Pay More Than $5.5 Billion  ( 32 min )

Regulators cut stamp duty and plan to reduce IPO supply.  ( 26 min )

If you liked the chip maker in January, you should like it now. The stock hasn't had such a low forward price/earnings ratio since the price was a lot lower.  ( 26 min )

Chief of Magellan Midstream sees ‘challenging’ petroleum outlook but strong demand elsewhere  ( 6 min )

Malaysia will create a "special financial zone" in embattled Chinese developer Country Garden's $100 billion project in the Southeast Asian nation and offer incentives to attract investments, Prime Minister Anwar Ibrahim said. The massive Forest City project is being build across four reclaimed islands in Malaysia's Johor state near Singapore, and aims to house 700,000 people by 2035. It will include office towers, malls and schools in addition to residential buildings.  ( 31 min )

(Bloomberg) -- Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world’s largest electric vehicle market.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After O  ( 31 min )

China Evergrande Group, the world’s most indebted developer, narrowed its first-half loss significantly mainly due to an absence of impairment loss on investments.  ( 25 min )

XPeng’s shares rose sharply in Hong Kong after the electric-vehicle maker announced a strategic partnership with ride-hailing giant DiDi Global.  ( 25 min )

(Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost  ( 33 min )

(Bloomberg) -- China Evergrande Group is poised to resume stock trading on Monday, ending a 17-month halt, after the world’s most-indebted developer unveiled a $4.5 billion loss in the first half.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Killed After Osprey Crash  ( 32 min )

Bitcoin, Ether and other top 10 non-stablecoin cryptocurrencies held steady, despite Fed chair Jerome Powell's hawkish comments on U.S. inflation.  ( 32 min )

(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After  ( 32 min )

(Bloomberg) -- The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for 15.8 billion yuan ($2.2 billion), expanding its reach in mobile devices.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After Ospre  ( 31 min )

China's securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market struggling for lift-off in an ailing economy. The newly-approved funds, which will guide fresh capital into the market, include 10 exchange-traded funds (ETFs) that track the small-cap CSI 2000 Index and seven tech-focused ETFs, according to the China Securities Regulatory Commission (CSRC) website. The CSRC has vowed to fast-track ETF approvals, and guide asset managers to lower management and trading fees, along with several other market-friendly measures.  ( 31 min )

HONG KONG (Reuters) -Shares of China Evergrande Group shed 86.7% early on Monday when trading resumed following a 17 month suspension, after saying it had "adequately" fulfilled all guidance issued by the Hong Kong Stock Exchange. Evergrande, the world's most-indebted property developer, is at the centre of a crisis in China's property sector that since late 2021 has seen a string of debt defaults. Its shares listed in Hong Kong traded as low as HK$0.22 on Monday, with its market capitalisation shrinking to HK$3.2 billion ($408.02 million).  ( 30 min )

(Bloomberg) -- Chinese stocks jumped after authorities announced a slew of measures to woo back investors including a reduction of the stamp duty on stock trades and a slower pace of initial public offerings. Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina Stocks May Open Higher on Measures to Boost MarketChina’s Worsening Economic Slowdown Is Rippling Across the GlobeThree US Marines Killed After  ( 33 min )

Oil prices rose slightly in early Asian trade after recording two straight weeks of losses on Friday amid signs of additional crude oil supplies hitting the market.  ( 25 min )

Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen fuel demand. Oil benefited from a better tone on the opening, IG market analyst Tony Sycamore said, after China halved stamp duty on stock trading effective Monday in the latest attempt to boost struggling markets. "Unfortunately, after last week's modest (Chinese central bank interest) rate cut, the announcements above amount to another piecemeal measure that won't alter investor gloom towards China," he added.  ( 31 min )

Layoffs are down, but employers are still finding ways to cut jobs.  ( 22 min )

China's car hailing giant Didi said it is selling its autonomous vehicle unit to electric car company Xpeng, forming a strategic partnership to launch a new car brand in 2024. To acquire assets related to Didi's smart EV project, Xpeng will issue class A shares representing about 3.25% of the company's outstanding share capital, Xpeng said.  ( 31 min )

Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.  ( 26 min )

(Bloomberg) -- Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting economic stress will drive the yuan’s offshore exchange rate to historic lows.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketThree US Marines Ki  ( 32 min )

Onze economie kon vorig jaar flink profiteren van het groeiend aantal toeristen. Buitenlandse en Nederlandse vakantiegangers gaven samen 96 miljard euro uit in ons land, ongeveer 60 procent meer dan in coronajaar 2021.  ( 3 min )

De tarieven van openbare laadpalen kunnen flink uiteenlopen, zelfs binnen één straat. Bovendien zijn de prijzen voor consumenten lang niet altijd duidelijk. Dat blijkt uit onderzoek van de Consumentenbond.  ( 4 min )

Door een lek bij het Kadaster was het mogelijk om namen en woonadressen van bijna alle Nederlanders met een koopwoning te bekijken. Dat bevestigen het Kadaster en de Autoriteit Persoonsgegevens maandag na berichtgeving van RTL Nieuws.  ( 3 min )

De speelgoedwinkels van Intertoys staan in de verkoop. Moederbedrijf Mirage Retail Group heeft dat besloten omdat het denkt dat dat beter is voor Intertoys, bevestigt topman Michiel Witteveen na berichtgeving van Het Financieele Dagblad (FD).  ( 4 min )

Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.  ( 3 min )

De speelgoedwinkels van Intertoys staan in de verkoop. Moederbedrijf Mirage Retail Group heeft dat besloten omdat het denkt dat dat beter is voor Intertoys, bevestigt topman Michiel Witteveen na berichtgeving van Het Financieele Dagblad (FD).  ( 3 min )

Britse luchtverkeersleiders moeten maandag het aantal vliegtuigen in het luchtruim beperken vanwege een technisch probleem. Luchtvaartmaatschappijen en luchthavens verwachten veel vertragingen en geannuleerde vluchten. Ook het vliegverkeer vanaf Schiphol wordt geraakt.  ( 3 min )

Je hebt tot en met donderdag 31 augustus de tijd om zorgtoeslag en huurtoeslag over 2022 aan te vragen. "Vaak denken mensen dat ze geen recht hebben op toeslagen, terwijl dit wel zo is", schrijft de Belastingdienst. Ook is het de laatste week waarin je belastingaangifte kunt doen.  ( 4 min )

De Europese Centrale Bank (ECB) zal de rente voorlopig niet verlagen vanwege de hoge inflatie. Dat zei de Franse minister van Financiën Bruno Le Maire maandag op de radio.  ( 3 min )

De politie stopt met het gebruik van een algoritme dat voorspelt wie in de toekomst geweld zou kunnen gebruiken. Dat zegt een woordvoerder van de politie na berichtgeving door Follow the Money.  ( 3 min )

Bij het internationale ruimtestation ISS zijn vier nieuwe bemanningsleden aangekomen, meldt NASA op X (voorheen Twitter). Ze blijven daar nu ongeveer een half jaar om meer dan tweehonderd experimenten te doen ter voorbereiding op andere ruimtemissies.  ( 3 min )

Na bijna twee jaar moet een grote groep ondernemers achterstallige belastingen uit de coronatijd echt gaan betalen. Duizenden ondernemers staken tot nu toe hun kop in het zand, maar moeten voor komende dinsdag 29 augustus in actie komen.  ( 7 min )

De overheid had eind 2022 nog een tekort van slechts 1,4 miljard euro in de schatkist. Door economische groei en bijvoorbeeld inkomsten uit online kansspelen klimt de overheid uit een financieel dal.  ( 4 min )

Op NU.nl vind je elke dag een stelling die bij het nieuws past. Er is dit jaar een recordaantal warmtepompen verkocht. Vandaag is daarom de stelling: 'Een warmtepomp is onmisbaar vanwege de hoge gasprijzen'. Breng je stem uit en discussieer mee.  ( 2 min )

Woningeigenaren kopen dit jaar waarschijnlijk een recordaantal warmtepompen. Er zijn dit jaar al meer dan 110.000 exemplaren geïnstalleerd, net zo veel als in heel 2022. De verwachting is dat aan het einde van het jaar 170.000 pompen zijn geplaatst.  ( 3 min )

Een op de negen kinderen begint het komende schooljaar zonder leraar, volgens de Algemene Onderwijsbond (AOb). Hoewel veel scholen in de zomervakantie naar oplossingen hebben gezocht, is het lerarentekort nog lang niet opgelost.  ( 5 min )

Discover how globalization can lead to unprecedented economies of scale for firms across the world, leading to higher global efficiency and productivity.  ( 20 min )

A hard fork occurs when there is a permanent split in a blockchain. An airdrop occurs when a new cryptocurrency token is deposited directly into users’ wallets.  ( 19 min )

Consumer affairs expert Dr. Kathryn J. Morrison takes us inside the auto loan process from application to signing on the dotted line.  ( 27 min )

Several factors determine what gives a bitcoin its value, including supply and demand, forks, competition, and regulations.  ( 25 min )

Websites and credit cards can offer you direct and indirect sources of free money to pay off your student loan.  ( 26 min )

A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit.  ( 30 min )

A bordereau is a report provided by an insurance company for a reinsurer that lists either assets that are insured or claims that have been made.  ( 18 min )

Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.  ( 23 min )

Learn more about fiat currency and legal tender. Find out how these terms are used by economists to describe different types of money.  ( 19 min )

Expected loss ratio (ELR) method is a technique used to determine the projected amount of claims, relative to earned premiums. The expected loss ratio method is used when an insurer lacks the appropriate past claims occurrence data.  ( 19 min )

A zero-lot-line house is a piece of residential real estate in which the structure comes up to, or very near to, the edge of the property line.  ( 18 min )

GNF, or the Guinea franc, is the currency of the Republic of Guinea.  ( 19 min )

DigiCash was one of the earliest versions of electronic money and a predecessor of cryptocurrencies.  ( 19 min )

IOTA (MIOTA) is a distributed ledger designed to record and execute transactions between devices in the Internet of Things (IoT) ecosystem.  ( 22 min )

Becoming a landlord can be challenging but also rewarding, depending on various factors.  ( 23 min )

“Defund the police” is a rallying cry that urges disinvesting money from U.S. police departments and allocating it to improvements in underprivileged communities.  ( 26 min )

Renting a car when you're taking a trip provides numerous advantages but hidden costs can come back to bite you if you don't know what to look for.  ( 18 min )

Learn the differences between finance and economics, two closely related disciplines, and how they inform and influence each other.  ( 25 min )

Learn more about five of the key individual shareholders backing Intel, from chief executives to members of the board of directors.  ( 22 min )

Whether you're trying to escape the snowy season or revel in it, here are some choice destinations if you want to buy a winter vacation home.  ( 22 min )

This viewer's guide to the hit show "Billions" on Showtime helps fans understand the financial industry jargon that is interwoven through the show's intense plot.  ( 35 min )

These female financial advisors lead the financial advising community with impressive wealth management skills and financial literacy contributions. Lean more about the women of the Investopedia 100, below.  ( 22 min )

Loosening labor restrictions, which allows for geographic and occupational mobility, has both good and bad effects on a country and its workers.  ( 23 min )

Currency risk is a form of risk that arises from the change in price of one currency against another. Investors or companies that have assets or business operations across national borders are exposed to currency risk that may create unpredictable profits and losses.  ( 21 min )

Major artists such as Demi Lovato and Ariana Grande are reportedly leaving Scooter Braun, millionaire manager to some of the biggest pop stars. Braun has a net worth of $500 million, thanks to several lucrative deals and acquisitions, including his controversial sale of Taylor Swift's music catalog.  ( 19 min )

Even when accounting for factors such as parental status, location within the U.S., race and ethnicity and health insurance coverage, the middle class faces the worst medical debt burden.  ( 18 min )

The impact of the 2008 financial crisis was felt around the world. Here is a look at how some of the primary players fared in the years after the failure.  ( 27 min )

With the debate on wages continuing in Congress and in the public arena, here are some of the major pros and cons of raising the minimum wage.  ( 24 min )

Your money is safe in the iShares 20 Plus Year Treasury Bond ETF (TLT), but its performance gets better or worse with the overall direction of interest rates.  ( 20 min )

Real gross domestic product (GDP) gives a clearer picture of economic output than nominal GDP as it adjusts the numbers for inflation or deflation.  ( 28 min )

Three of the largest real estate deals in recorded history are the Alaskan Purchase, the Louisiana Purchase, and the Treaty of Tordesillas. Learn more about these land deals.  ( 22 min )

A nominal interest rate is the real interest rate plus a projected rate of inflation. A real interest rate is what a lender or investor receives.  ( 27 min )

A nationally recognized statistical ratings organization (NRSRO) is a federally recognized organization that provides an assessment of creditworthiness.  ( 21 min )

(Bloomberg) -- Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had resigned after less than six months in the role.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTwitchy Traders Have S&P 500 Comebacks Fizzling at Historic PaceTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketHick, w  ( 31 min )

Electric vehicle maker BYD Co Ltd said on Monday its unit struck a deal with U.S.-based manufacturing firm Jabil Inc's Singaporean unit to buy its product manufacturing business in China for 15.8 billion yuan ($2.17 billion). ($1 = 7.2890 Chinese yuan renminbi)  ( 30 min )

Legendary investor Peter Lynch has a straightforward perspective on corporate insiders and their actions in the stock market. He put it simply: insiders may sell shares for a range of reasons, but they only buy shares when they believe the price is going to rise. Keeping a close watch on insiders’ stock purchases can prove to be a profitable investment strategy. Corporate insiders, which include company officers and board members, possess valuable knowledge about company policies and performance  ( 35 min )

Hostess Brands, the company behind Twinkies and Zingers, is considering a potential sale amid interest from food industry giants, according to a report by Reuters.  ( 32 min )

Economists expect the Bureau of Labor Statistics to report a gain of 172,500 nonfarm payrolls for August on Friday, a slowdown from July’s 187,000 jobs.  ( 26 min )

Negotiations are ongoing to settle the largest mass tort in U.S. history with more than 300,000 claims.  ( 27 min )

(Bloomberg) -- China’s economy was meant to drive a third of global economic growth this year, so its dramatic slowdown in recent months is sounding alarm bells across the world. Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketTrump Doesn’t Look So Invincible in Post-Debate PollsPowell Has Bond Traders Right Where He Wants Them: Full of DoubtPoli  ( 34 min )

(Bloomberg) -- The world’s top central bankers stressed the need to keep interest rates high until inflation is contained — and wrestled with deeper economic shifts that will make their jobs harder.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaMarkets Brace for Swings After High-Rates Mantra of Jackson HoleChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketPowell Has Bond Traders Right Where He Wants Them: Full of DoubtTrump Doesn’t Look So Invincible in Po  ( 34 min )

Target-date funds may seem like an obvious choice but they have some drawbacks compared to S&P 500 Index funds.  ( 23 min )

Pizza Hut UK’s auditors have fired a warning shot over the company’s future amid concerns over its mounting debt pile.  ( 31 min )

The week ahead will bring a reading on inflation and several labor data points as the Fed's path forward remains in focus.  ( 34 min )

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Property and casualty insurers are hiking premium rates to cover future losses. That bodes well for future profitability.  ( 27 min )

Or as my friend and colleague Alex Wilhelm described it, Better.com had a Miserable.com week. To sum it up, digital mortgage lender Better.com made its public debut on August 24. Shares of SPAC partner, Aurora, were trading at $17.45 on Wednesday, before Better.com officially went public.  ( 35 min )

This year’s strong rally has stuttered over the past few weeks. August has generally seen increased volatility and declines in the main market indexes. But that hasn’t affected a basic truth of the financial markets: stocks are individuals, and they rise and fall for idiosyncratic reasons. Investors should always check under the hood, to find out if a bargain price represents a good buy. That check can be rough, however, as there are reams of data to sort. Fortunately, investors can always turn  ( 34 min )

A survey conducted by TransUnion found that borrowers who used a personal loan to consolidate their credit card debt saw their balances increase again in 18 months.  ( 32 min )

(Bloomberg) -- Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates will likely stay higher for longer during their annual confab at Jackson Hole.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketSaudi Arabia Signals Interest  ( 32 min )

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Annuities can be complex, and it's easy to be overwhelmed by the different types and sub-types, but they are one of the best ways to receive guaranteed income in retirement. While $5 million sounds like plenty of money to retire … Continue reading → The post How Much Would a $5 Million Annuity Pay appeared first on SmartAsset Blog.  ( 33 min )

(Bloomberg) -- India, the world’s biggest exporter of rice, imposed more curbs on shipments of the grain in a move that’s likely to further squeeze global supplies of the food staple.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketSaudi Arabia Signals Interest in Champions League F  ( 32 min )

Even when accounting for factors such as parental status, location within the U.S., race and ethnicity and health insurance coverage, the middle class faces the worst medical debt burden.  ( 20 min )

One lesson from past antitrust fights is that lawsuits can create an opening for a new generation of rivals to emerge, as happened with Microsoft and Google three decades ago.  ( 36 min )

(Bloomberg) -- Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after the next opening bell.Most Read from BloombergThree US Marines Killed After Osprey Crash in AustraliaPowell Has Bond Traders Right Where He Wants Them: Full of DoubtSpaceX Blast Left Officials in Disbelief Over Environmental DamageChina Cuts Stock Trade Tax, Tightens IPOs to Boost MarketFIFA Suspends Spanish Football Chief Over World Cup KissThat’s been the August trend, at least  ( 33 min )

Property developer China Evergrande Group on Sunday reported a January-June net loss of 33 billion yuan ($4.53 billion) versus a 66.4 billion yuan loss in the same period a year ago. Evergrande is at the centre of a crisis in China's property sector that since late 2021 has seen a string of debt defaults. The world's most indebted developer posted a combined net loss of $81 billion for 2021 and 2022 in a long-overdue earnings report last month, having posted an 8.1 billion yuan profit in 2020.  ( 31 min )

It's back-to-payment season. Student loan bills should start arriving in September or October. How do borrowers find their servicer?  ( 36 min )

(Bloomberg) -- China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow the pace of initial public offerings, among a slew of new measures to woo investors back to its flagging equities market. Most Read from BloombergThree US Marines Dead After Australia Military Helicopter CrashSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup  ( 31 min )

Deduction limit is generating 80% to 85% of expected revenue, the Tax Policy Center estimates.  ( 26 min )

China will cut halve the stamp duty on stock trading from Monday, the finance ministry said on Sunday. The stamp duty on stock trades is now 0.1%.  ( 29 min )

Some of the most prominent players in the digital-assets space cut their teeth at the mutual-funds powerhouse Fidelity Investments.  ( 21 min )

Sinopec, the world's largest refiner by capacity, reported revenues of 1.59 trillion yuan for the six months, down 1.1% from the year earlier level. During the period, Sinopec processed a total of 126.54 million metric tons of crude oil, up 4.8% versus a year ago, and its refined fuel sales rose 18.5%, to 116.6 million tons, the company said in a stock filing. Domestic fuel demand extended recovery in the second quarter after a 6.7% year-on-year increase in the first three months, led by gasoline and aviation fuel as people travelled more.  ( 31 min )

This article summarises the key data from Nvidia’s earnings report and takes a quick look at the chart to consider how the price might continue moving.  ( 32 min )

Arista Networks, Inc. (ANET) shares have jumped 49% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )

Monster Beverage Corp. (MNST) shares have jumped 12% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )

Meta Platforms, Inc. (META) shares have jumped 138% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 31 min )

(Bloomberg) -- The zero-day options trade that has taken Wall Street by storm will finally arrive in Europe next week, in a fresh test for the region’s long-struggling capital markets.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissUS Marines Taken From Darwin Military Helicopter Crash: ReportsTesla Investors to Get $12,000 Each From Mu  ( 33 min )

There has been a marked rise in a measure of the extra yield investors want to cover the risk of holding long-term rather than short-term debt. This is why.  ( 26 min )

Friday was supposed to be Fiona Scott-Morton’s first day in Brussels. Her appointment as chief competition economist at the European Commission was announced last month with little fanfare on page six of its daily news bulletin.  ( 33 min )

U.S. economic growth, still racing at a potentially inflationary pace as other key parts of the world slow, could pose global risks if it forces Federal Reserve officials to raise interest rates higher than currently expected. The Fed's aggressive rate increases last year had the potential to stress the global financial system as the U.S. dollar soared, but the impact was muted by largely synchronized central bank rate hikes and other actions taken by monetary authorities to prevent widespread dollar funding problems for companies and offset the impact of weakening currencies. Now Brazil, Chile and China have begun cutting interest rates, with others expected to follow, actions that international officials and central bankers at last week's Jackson Hole conference said are largely tuned to an expectation the Fed won't raise its rate more than an additional quarter percentage point.  ( 33 min )

The American economist who turned down a top Brussels job after a backlash led by Emmanuel Macron has hit out at France’s “insecure” and xenophobic comments about her appointment.  ( 32 min )

A crisis of confidence, easy access to credit, and falling home prices are creating a dizzying mix of financial calculations for Chinese households.  ( 26 min )

Futures markets show a growing expectation that interest rates could stay higher for longer, exerting pressure on stocks.  ( 26 min )

BEIJING (Reuters) -Profits at China's industrial firms fell 6.7% in July from a year earlier, extending this year's slump to a seventh month with weak demand squeezing companies as a post-pandemic recovery faltered in the world's second-biggest economy. Earnings shrank 15.5% year-on-year for the first seven months, following a 16.8% decline in the first half of the year, data from the National Bureau of Statistics showed on Sunday. Big Chinese manufacturers posted losses for the first half, with engineering firm China Aluminum International reporting a net loss of 830.6 million yuan ($114.2 million), compared with a year-earlier net profit of 123.6 million yuan.  ( 31 min )

Research has pinpointed the prime years for making smart financial decisions.  ( 22 min )

De schatkist van de overheid had eind 2022 een tekort van 'nog maar' 1,4 miljard euro. Door economische groei en het einde van coronasteunmaatregelen klimt de overheid uit een financieel dal.  ( 4 min )

Het Chinese vastgoedconcern Evergrande zegt in de eerste helft van het jaar een hogere omzet en een kleiner verlies te hebben geboekt. Het bedrijf kwam bijna twee jaar geleden in de problemen en staat centraal in de voortslepende crisis in de Chinese vastgoedsector.  ( 3 min )

Wie eind augustus door de Nederlandse natuur wandelt, ziet ze vrijwel overal hangen: bramen. Maar het is niet overal dezelfde braam. Van Drenthe tot Zeeland en van Amsterdam tot op de Veluwe zijn alle bramen eetbaar, maar zelden dezelfde soort.  ( 6 min )

Een aantal grote Spaanse bedrijven en sponsoren van het Spaanse vrouwenelftal voegt zich bij de critici van Luis Rubiales. Ze roepen de voorzitter van de Spaanse voetbalbond op te vertrekken, omdat hij international Jenni Hermoso ongevraagd op de mond heeft gekust.  ( 4 min )

Oostenrijk wil een groter deel van de winsten van energiebedrijven extra belasten. Eind vorig jaar voerde het land nog een nieuwe heffing in op hoge winsten van olie-en gasbedrijven als gevolg van de Russische invasie in Oekraïne, waardoor de energieprijzen omhoog schoten.  ( 3 min )

De winsten van Chinese industriebedrijven zijn in juli verder gedaald: een nieuw signaal dat de op een na grootste economie ter wereld in het slop is geraakt. Onlangs heeft de Chinese centrale bank de rentes verlaagd om de groei aan te jagen.  ( 4 min )

De winsten van Chinese industriebedrijven zijn in juli verder gedaald, een nieuw signaal dat de op één na grootste economie ter wereld in het slop is geraakt. Onlangs greep de centrale bank van het land in om de groei aan te jagen door rentes te verlagen  ( 4 min )

De Indiase regering heeft extra beperkingen opgelegd op de export van rijst om de voedselzekerheid in eigen land te garanderen. Zo wordt er per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.  ( 3 min )

Aan het begin van het studiejaar wordt weer duidelijk dat ook de woningmarkt voor studenten krap is. Dat zorgt ervoor dat verhuurders soms hoge bedragen vragen voor een bescheiden kamer in een studentenstad. Maar dat hoef je niet zomaar te pikken.  ( 4 min )

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The oil and gas industry is spending significantly more on new supply in 2023, but analysts at WoodMackenzie think that it may still not be enough to meet future demand  ( 33 min )

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(Bloomberg) -- Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s next steps.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtTesla Investors to Get $12,000 Each From Musk’s SEC DealFIFA Suspends Spanish Football Chief Over World Cup KissAfter 15 Years, a New Private Jet Is America’s Most PopularIt’s a scenario — evident in part through  ( 33 min )

(Bloomberg) -- Employment growth in the world’s largest economy probably cooled and wage increases moderated in August, suggesting a further tempering of inflation risks that reduces the urgency for another Federal Reserve interest-rate hike.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighFIFA Suspends Spanish Football Chief Over World Cup  ( 34 min )

Pilot Travel Centers has been forced to shut 19 of its outlets due to the liquidation of those sites’ operator, Mountain Express. The post 19 MEX centers, with Pilot branding, temporarily shut by operator bankruptcy appeared first on FreightWaves.  ( 32 min )

(Bloomberg) -- Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank vows to keep rates high. Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtUS Marines Taken From Darwin Military Helicopter Crash: ReportsFIFA Suspends Spanish Football Chief Over World Cup KissTesla Investors to Get $12,000 Each From Musk’s SEC DealTotal returns from le  ( 33 min )

Underlying inflation in Japan remains "a bit below" the Bank of Japan's 2% target, BOJ Governor Kazuo Ueda said at a Federal Reserve research symposium on Saturday, and as a result the bank will maintain the current approach to monetary policy. "We think that underlying inflation is still a bit below our target," Ueda said.  ( 31 min )

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Buybacks can often be a key ingredient to stock market returns for investors.  ( 26 min )

Not everyone is getting in on the rally.  ( 26 min )

(Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve’s conference in Jackson Hole, Wyoming.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighAfter 15 Years, a New Private Jet Is America’s Most Po  ( 42 min )

The move gives the agency time to weigh a settlement that would allow the deal to close with conditions.  ( 25 min )

The steep jump in public debt loads over the past decade and a half, as governments borrowed large amounts of money to battle the Global Financial Crisis and the fallout from the COVID-19 pandemic, is probably irreversible. That's the unhappy conclusion of a research paper being presented on Saturday to some of the world's most influential economic policymakers at the Kansas City Federal Reserve's annual central banking symposium in Jackson Hole, Wyoming. Since 2007, worldwide public debt has ballooned from 40% to 60% of GDP, on average, with debt-to-GDP ratios even higher in the advanced countries.  ( 31 min )

Tesla CEO Elon Musk took his Cybertruck production candidate for a spin at the company's gigafactory in Texas this week as the automaker gets ready to take on rivals GM and Ford.  ( 34 min )

Better.com stock got hammered this week in its Nasdaq debut. Though its one-day drop was sharp, it is far from the only company to be judged so harshly by the market.  ( 34 min )

(Bloomberg) -- China remains embedded in US supply chains even as American firms have taken steps to reduce direct imports from the Asian country, according to a paper presented at the Federal Reserve Bank of Kansas City’s annual Jackson Hole conference Saturday.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtFIFA Suspends Spanish Football Chief Over World Cup KissTesla Investors to Get $12,  ( 30 min )

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Just over a third (35%) of Americans knew the average lifespan of retirees, according to a recent report.  ( 34 min )

Presidential candidate makes polling gains by capitalising on image as successful businessman  ( 6 min )

Russia’s exit from the Black Sea export agreement and its attacks on Ukrainian ports have led to lower income and higher costs in Ukraine’s agriculture industry.  ( 23 min )

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Remote workers are feeling disconnected. But that’s not enough to make them want to come back to the office  ( 31 min )

Shoppers have shifted their spending habits in a postpandemic world, leaving retailers in the lurch.  ( 25 min )

The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.  ( 20 min )

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Questions persist regarding artificial-intelligence demand and geopolitics.  ( 27 min )

Charlene Chu, senior analyst at Autonomous Research, talks to Barron's about China’s ailing economy, high debt, troubled real-estate market, and opaque banking system.  ( 26 min )

Personal finance author Jonathan Clements says the best way to buy happiness is to sit on a pile of savings and enjoy the resulting peace of mind.  ( 27 min )

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The Federal Reserve chief left the central bank’s options open, in part to prevent investors from asking the next question: When will the Fed cut?  ( 27 min )

Insurance companies are struggling to keep up with economic growth, population shifts, inflation trends and the most unpredictable variable of all: the rising prevelance of natural disasters—big and small.  ( 27 min )

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His company scooped up wine that the government seized when it took over Silicon Valley Bank and First Republic.  ( 26 min )

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Federal Reserve Chair Jay Powell made it clear Friday that the central bank’s battle against inflation is not over and warned that additional interest rate hikes could be on the horizon, if conditions warrant. “Although inflation has moved down from its peak—a welcome development—it remains too high,” he said in remarks delivered at the annual Fed meeting in Jackson Hole, Wyoming. “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we ar  ( 31 min )

The era of giant acquisitions at big premiums is over for now. The oil giants are seeking smaller acquisitions at tighter premiums.  ( 27 min )

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(Bloomberg) -- China’s regulators face a losing battle convincing global funds to invest in the nation’s stocks unless market boosting efforts are accompanied by stronger stimulus to support growth.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationAfter 15 Years, a New Priv  ( 32 min )

Investors wanted Nvidia to keep AI mania going and the Fed to stick to the script. But all that wasn’t enough to drive correction fears away.  ( 27 min )

Shareholders' equity is a crucial number used to assess a company's real value. Here are its components.  ( 21 min )

Open cover is a type of marine insurance policy in which the insurer agrees to provide coverage for all cargo shipped during the policy period.  ( 19 min )

Chipotle Mexican Grill faces five main rivals. Read on to find out about more places like Chipotle.  ( 21 min )

An investing comparison of e-commerce marketplaces Amazon and eBay using revenue, profitability, valuation metrics, and active user base.  ( 22 min )

The Bornhuetter-Ferguson technique is a method for calculating an estimate of an insurance company’s losses.  ( 19 min )

A report from Wells Fargo details how spending on AI could boost productivity, economic growth and interest rates, while concerns over job losses could be overstated.  ( 18 min )

Pay-per-mile car insurance sets premiums based on how much you drive each month. It can be an economical alternative for certain kinds of drivers.  ( 18 min )

AA+ is the second-highest bond rating assigned by rating agency S&P while Aa1 is the equivalent from Moody's. Both signify a low-risk investment.  ( 24 min )

An act of God bond is an insurance-linked bond that establishes a reserve to pay claims for unforeseen catastrophes.  ( 19 min )

Health insurance premiums vary wildly across the U.S. according to where you live and work, how old you are, your income, and more.  ( 28 min )

A rating is an assessment tool assigned by an analyst or rating agency to a stock or bond indicating its potential for opportunity or safety.  ( 22 min )

Though countless companies claim to be championing equal opportunities within the workforce, many have yet to see this reflected in their paychecks.  ( 26 min )

Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.  ( 27 min )

A sovereign credit rating is an independent assessment of the creditworthiness of a country or sovereign entity and how risky investing in it might be.  ( 21 min )

Opening a brokerage account can be a confusing experience. Follow these steps to easily get through the process.  ( 26 min )

Governments sanction some monopolies, such as monopolies over public utilities, and these monopolies are good for the public interest.  ( 21 min )

Single-family zoning, which restricts the kind of residential housing that can be built on a property, has been central to cementing segregation in many American cities.  ( 26 min )

When two parties engage in a loan transaction, minimum-interest rules can mandate that an interest rate that's not too low be charged, even in family deals.  ( 22 min )

Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.  ( 18 min )

The struggling 10-year U.S. Treasury Note, the world's benchmark bond, has never declined in value for three straight years—but it could this year.  ( 19 min )

Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.  ( 4 min )

Apple, Google, Facebook moederbedrijf Meta, X (voorheen Twitter) en andere grote techbedrijven vallen vanaf nu onder een nieuwe Europese wet. Deze zogenoemde Digital Services Act (DSA) moet ervoor zorgen dat inwoners van de EU online beter zijn beschermd.  ( 4 min )

De Indiase regering heeft extra beperkingen op de export van rijst opgelegd om de voedselzekerheid in eigen land te garanderen. Zo wordt per direct een exportbelasting op voorgekookte rijst van 20 procent geheven, maakte het ministerie van Financiën bekend.  ( 3 min )

De Belgische staat geeft een zogeheten staatsbon uit met een hoog rendement. Iedereen kan zo'n bon kopen, waardoor de Belgische banken onder druk staan om hun spaarrentes te verhogen. En het werkt. Toch wil Nederland er niet aan.  ( 4 min )

Als het demissionaire kabinet de brandstofprijzen voor auto's in januari opnieuw laat stijgen zou dat voor zowel Nederlandse pomphouders in de grensstreek, als ook voor winkeliers en supermarkten "rampzalig" zijn. Daarvoor waarschuwt Ewout Klok, voorzitter van Belangenvereniging Tankstations (BETA).  ( 4 min )

De wereldwijde vraag naar olie en gas houdt nog vele decennia aan, voorziet Bernard Looney, topman van het Britse energieconcern BP. Daarom moet er volgens hem blijvend worden geïnvesteerd in zowel de huidige energiesystemen als de energietransitie.  ( 3 min )

Frankrijk zit met overtollige wijn in de maag. Het overschot is het afgelopen jaar flink gegroeid, waardoor meer wijn moet worden vernietigd. Het Franse ministerie van Landbouw maakt daarom tientallen miljoenen meer vrij voor de vernietiging hiervan.  ( 3 min )

Door klimaatverandering wordt hitte in steden en dorpen een steeds groter probleem. Is daar wat aan te doen? Jazeker: tegels eruit, groen erin. Maar het zijn vooral hoge bomen die verschil maken - en die groeien niet in een dag.  ( 5 min )

Zo'n 124.000 ouders hebben in het eerste jaar gebruikgemaakt van de nieuwe ouderschapsverlofregeling, meldt Het Parool op basis van UWV-cijfers. Het betaald ouderschapsverlof werd onder meer ingesteld om de gelijkheid tussen man en vrouw te bevorderen.  ( 3 min )

Fashion retailer Abercrombie & Fitch posted second-quarter earnings on Wednesday that blew past analysts' expectations, sending shares soaring more than 20%.  ( 1 min )

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The rate on the 30-year fixed mortgage rose to 7.48% in the last week, deepening affordability issues faced by prospective home buyers.  ( 33 min )

The average 30-year fixed mortgage rate is now above 7%, which has tacked on an extra $1,000 in monthly mortgage payments for the median US home.  ( 32 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )

The company has been a consistent and successful innovator in small appliances, an industry that has been marked by slow growth and few exciting new products.  ( 26 min )

In a show of confidence for video-conferencing giant Zoom Video Communications Inc., prominent investor Cathie Wood expanded her stake in the company. The move came as a response to Zoom’s stock decline following the release of its latest earnings. Don’t Miss: Online brokerages make ungodly amounts by selling your data. What trading platform doesn't sell your data to market makers? This one. Discover Johnny Depp's hidden talent that earned him $3.6 million in just a few hours and learn how you c  ( 32 min )

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U.S. stock investors are bracing for a potentially volatile September as the market faces key economic data reports, a Federal Reserve meeting and worries over a possible government shutdown during a month of historically muted equity performance. In Septembers since 1945, the S&P 500 has declined an average of 0.7%, the worst performance of any month, according to CFRA. The S&P 500, which is up nearly 15% this year, has retreated more than 4% from its July 31 high as investors reacted to weakness in China's economy and a surge in Treasury yields that threatens to make equities less attractive.  ( 32 min )

A new lawsuit accusing SpaceX of illegally refusing to hire asylum recipients and refugees could be an important test of the U.S. government's stance that national security concerns do not allow companies to discriminate against non-citizens. Elon Musk, CEO of the rocket and satellite company, said in response to the U.S. Department of Justice (DOJ) lawsuit filed on Thursday that hiring anyone besides U.S. citizens and green card holders would violate weapons trafficking laws. His post on the messaging platform X, formerly known as Twitter, appears to conflict with specific guidance issued by the DOJ in April, which warned employers that invoking efforts to comply with export control laws would not excuse them from a law banning discrimination based on citizenship status.  ( 31 min )

(Bloomberg) -- Databricks Inc., the closely held software maker widely viewed as a candidate to go public, is in discussions with T. Rowe Price about a new funding round that would value the company at $43 billion, two people familiar with the matter said.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Has Bond Traders Right Where He Wants Them: Full of DoubtUS Marines Taken From Darwin Military Helicopter Crash: ReportsFIFA Suspends Spanish Footb  ( 31 min )

Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.  ( 21 min )

Rite Aid is reportedly preparing to file for bankruptcy as opioid litigation hangs over the pharmacy chain.  ( 32 min )

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(Bloomberg) -- Stocks weathered the Jackson Hole confab to rebound this week. But for bulls looking to be made whole after last year’s shellacking, the road back is longer than they realize.Most Read from BloombergPowell Signals Fed Will Raise Rates If Needed, Keep Them HighNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealTrump Returns to Musk’s X With Pos  ( 33 min )

Michael Burry has always been one to challenge mainstream thinking. The renowned hedge fund manager successfully wagered against the U.S. housing bubble in 2008, a gutsy call that became the focal point of the film “The Big Short.” Now, he’s betting against the U.S. stock market. In its latest 13F filing with the Securities and Exchange Commission, Burry’s firm Scion Asset Management disclosed a substantial amount of put options against exchange-traded funds (ETFs) that track major U.S. stock ma  ( 33 min )

Roth-style catch-up contributions now won’t be mandated until 2026, not 2024.  ( 26 min )

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Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )

United States Steel now has one apparent bidder, and Cleveland-Cliffs is backed by the workers’ union.  ( 26 min )

The Fed chair’s “long way to go” concept is wrongheaded, because at the current clip, inflation is already running near the Fed’s target, say two top economists.  ( 33 min )

A supplier on Friday laid off at least 35 employees who make fighter jet parts for The Boeing Co.  ( 12 min )

Baron Rothschild, an 18th-century English nobleman, has been credited with the famous saying, “The time to buy is when there’s blood in the streets.” Rothschild used that idea to build his fortune, and many other famous investors have done the same over the last three centuries. But it’s never easy to follow Rothschild’s advice. Most investors become fearful when stocks experience major declines, as the common psychological tendency is to believe that the future will be a continuation of the rec  ( 35 min )

On Wednesday, Snowflake Inc (NYSE: SNOW) topped analysts' expectations with its latest quarterly revenue and earnings. The cloud data analytics company saw its shares rise 3% upon the report whose results boosted by rising data management and storage needs of businesses amid the generative AI hype. During the reported quarter, Snowlake revealed it has partnered with Nvidia (NASDAQ: NVDA) who smashed estimates with its monster quarter this week. Together, they will be empowering enterprises to bu  ( 32 min )

Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday. Prior to the news of the company exploring a sale, its shares were down 1% year-to-date, versus a 29% rise in the Nasdaq Composite Index. General Mills Inc, Mondelez International Inc, PepsiCo Inc and Hershey Co are among the companies that have shown an interest in acquiring Hostess, the sources said.  ( 31 min )

Well, that wasn't as exciting as some had hoped. Options traders were betting on a move of around 11% following the company's earnings (after the release, through Friday). Nvidia shares barely budged yesterday and  ( 22 min )

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Shares of Rite Aid plunged by about 50% after The Wall Street Journal reported the drugstore chain is preparing to file for chapter 11 bankruptcy in the coming weeks. The bankruptcy is to address the federal and state lawsuits the drugstore chain is facing over its alleged role in the sale of opioi  ( 22 min )

The district, proposed by the New Albany Co., would be broken into five subareas containing a variety of different uses the developer believes will generate substantial economic benefits for Johnstown and the broader region.  ( 12 min )

(Bloomberg) -- AMC Entertainment Holdings Inc. extended its week-long selloff after the movie theater operator converted a raft of preferred shares into common stock, and strategists say the company will likely sell more shares to pay down debt.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamagePowell Signals Fed Will Raise Rates If Needed, Keep Them HighTesla Investors to Get $12,000 Each From Musk’s SEC DealNYC’s Most Exciting New Fine Dining Restaurant I  ( 32 min )

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Better.com shares plunged at the opening bell and fell so quickly that trading was halted four times in its first 30 minutes of trade.  ( 31 min )

For many Americans, paying the mortgage bill is by far the largest expense they deal with each month. While home prices and other factors (like property taxes) vary widely from state to state, the National Association of Realtors reports that the average monthly mortgage payment for a 30-year fixed mortgage in the United States is now a hefty $2,317. However, what if you could pay for this large, recurring monthly expense with passive, recurring monthly income from your investment portfolio? One  ( 34 min )

Rite Aid is preparing to file for bankruptcy in coming weeks to address mass lawsuits over the drugstore chain’s alleged role in the sale of opioids, according to people familiar with the company’s plans.  ( 29 min )

The Securities and Exchange Commission announced it charged 3M with violations of the Foreign Corrupt Practices Act relating to the company's China subsidiary.  ( 27 min )

Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )

Strategists at BofA Global Research see second-half "trouble" for technology stocks even as the sector took in its largest inflow in 10 weeks, the firm said in a note on Friday. The tech-heavy Nasdaq Composite has gained 28% this year, fueled by megacap stocks and excitement over the business potential of artificial intelligence. BofA pointed to the correlation between a surge in central bank liquidity and the Nasdaq over the past 15 years.  ( 31 min )

Private equity firm Veritas Capital is considering a takeover offer for Canadian software company BlackBerry, according to a person familiar with the matter. U.S-listed shares of BlackBerry rose about 17%. Details of the offer could not be learned.  ( 31 min )

Countless news headlines have been calling for a housing crash for the better part of a year, yet prices are still climbing in many parts of the U.S. According to data from Redfin, the median sale price has increased by over 9.38% since January and has fallen only 3.4% from the peak in May 2022. Despite rising mortgage rates, buyers are finding little relief in home prices because of the massive shortage of supply. According to an analysis from Realtor.com, the gap between single-family home con  ( 31 min )

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Seaport analyst Richard Safran made the biblical reference in a Friday research report following news of another problem with the 737.  ( 26 min )

Publicly listed U.S. homebuilders are raising prices on new construction, taking advantage of an acute shortage of previously owned homes in the market as owners defer upgrading due to high mortgage rates. Homebuilders are enjoying this turn of events after a gnarly second-half last year, when fears of rising interest rates slowing demand had forced them to cut prices and offer incentives to boost sales. The shortages have powered homebuilders' earnings, sending their stocks soaring, with the S&P Composite 1500 Homebuilding Sub Index up 41.90% so far this year.  ( 31 min )

(Bloomberg) -- Blackstone Inc. is selling a piece of the Las Vegas hotel Bellagio, a move that will generate cash for investors in a $67 billion property fund for wealthy individuals.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe Charge  ( 32 min )

Small investors earned a nice payday of more than $1,000 if they tendered 99 shares of stock in the swap, which expired last week.  ( 26 min )

It’s a $324 million loss for the company.  ( 32 min )

General Motors, Ford Motor and Stellantis - made little progress in their talks for a new labor deal. Fain, who presides over the union that represents about 150,000 workers at the automakers, said 97% of voting members approved the strike authorization, which is seen as a leverage to enhance pay talks.  ( 31 min )

All the statistics about the electric-vehicle maker and trading in the stock are amazing. Tesla is the only car company with a higher market capitalization.  ( 27 min )

Nordstrom shares fell after the retailer reported a drop in sales amid a slowdown in discretionary spending, and said losses from theft reached a record high.  ( 18 min )

Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is "prepared to raise rates further."  ( 32 min )

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Ken Parks becomes CFO at GE Vernova, the company's power-generation business. Vic Abate will lead its wind arm.  ( 27 min )

Tesla isn't breaking apart, but things are happening which investors need to consider to avoid missing out on a valuation trend.  ( 27 min )

Affirm stock was rising on Friday as shareholders welcomed its revenue growth. Analysts are split on how it can deal with economic headwinds.  ( 27 min )

The Aussie dollar initially tried to rally during the trading week, but at this point in time it looks like we are struggling.  ( 32 min )

(Bloomberg) -- Here are key takeaways from Federal Reserve Chair Jerome Powell’s remarks prepared for the Kansas City Fed’s economic symposium on Friday:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotTesla Investors to Get $12,000 Each From Musk’s SEC DealMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesPowell acknowledged the econo  ( 31 min )

While the summer months are proving to be less lucrative for stock market participants, the overall trend this year has been upward. However, JPMorgan’s global strategist, Dubravko Lakos, has recently sounded the alarm, pointing out several headwinds that are piling up, which he sees as placing a solid cap on market gains. First, Lakos points out that stock prices are high relative to earnings. Second, he adds that sentiment is too bullish, having reversed too sharply from last year’s bearish mo  ( 35 min )

The pressure keeps building on Hawaiian Electric Industries (HE). The utility’s stock tumbled nearly 18% in early trading Friday, as investors contended with a barrage of new developments late Thursday: Maui County [sued the firm](https://www.wsj.com/  ( 23 min )

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(Bloomberg) -- Hawaiian Electric Industries Inc. slumped to the lowest since 1984 after the company said it will draw down on credit lines and suspend its dividend to preserve cash in the wake of deadly wildfires on Maui. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops  ( 31 min )

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Analysts at TD Cowen cut their recommendation on the stock to Market Perform from Outperform.  ( 26 min )

Stock opened higher Friday as investors were marking time ahead of Jay Powell's key policy speech on Friday morning.  ( 31 min )

(Bloomberg) -- The drop in US stocks on Thursday despite a bumper report from Nvidia Corp. shows the rally this year is “exhausted” and portends more declines to come, according to Morgan Stanley’s Michael Wilson.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Returns to Musk’s X With Post of Georgia Mug ShotTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yi  ( 31 min )

Interest rate futures tied to the Fed policy rate have shifted notably over the last few weeks, the CME Group's FedWatch tool shows, and now reflect about 50/50 odds of a quarter-percentage point increase to a range of 5.50% to 5.75% at either the Oct. 31-Nov. 1 meeting or the final meeting of the year on Dec. 12-13. Powell is set to deliver the keynote speech on Friday morning at the annual economic symposium hosted by the Federal Reserve Bank of Kansas City held in Jackson Hole, Wyoming. Powell has often come to Jackson Hole with a mission, but with markets now generally aligned with the Fed's outlook for an extended period of tight credit to bring inflation to heel, he may opt for a message that looks to avoid trouble.  ( 30 min )

States vary widely in the way they tax retirement income so location is an important consideration in financially planning for retirement. Some states don't levy income states on any sort of retirement income, while others tax IRA and 401(k) distributions, … Continue reading → The post 11 States That Do Not Tax Retirement Income appeared first on SmartAsset Blog.  ( 32 min )

If you're looking for ways to generate more retirement income, now may be the perfect time to consider an annuity. Payout rates for guaranteed lifetime annuities are currently at their highest levels in over a decade, according to Schwab. While … Continue reading → The post Why Schwab Says Now Is the Right Time to Consider an Annuity appeared first on SmartAsset Blog.  ( 32 min )

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Realty Income, which owns more than 13,000 properties in the U.S. and Europe, is paying $300 million for the 22% stake in the casino and resort, the report said. Realty Income is also investing in a $650 million preferred equity stake in the property, according to the WSJ report. A spokesperson for BREIT, Blackstone's real estate investing arm, and MGM did not immediately respond to a Reuters request for comment.  ( 31 min )

“We’re building long-term value for shareholders,” finance chief Kevin Ryan said after Thursday's bloodbath. “This is just the beginning.”  ( 32 min )

The merger between the airlines is being contested by the Justice Department, which is suing to block the $3.8 billion deal.  ( 27 min )

Stock futures were little-changed early Friday as investors were marking time ahead of Jay Powell's key policy speech on Friday morning.  ( 31 min )

Everyone loves seeing growth in their portfolio. However, a good year of investing doesn't necessarily indicate a sound long-term investment strategy. Generating sufficient retirement income means planning ahead of time but being able to adapt to evolving circumstances. As a … Continue reading → The post What Is a Realistic Rate of Return for Retirement? appeared first on SmartAsset Blog.  ( 36 min )

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The embattled utility provider ensnared in the fallout of the Maui wildfire tragedy has cut its dividend as it faces a major new lawsuit.  ( 27 min )

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British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices. The drug price negotiation program is part of President Joe Biden's signature Inflation Reduction Act (IRA). The program faces several other court challenges, including from leading industry groups and other drug companies.  ( 31 min )

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(Bloomberg) -- As brutal as it’s been for US bond investors, the math is finally turning in their favor. Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationTrump Returns to Musk’s X With Post of Georgia Mug ShotMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapThe recent round of selling has left the Bloomberg USAgg Index’s yield-  ( 31 min )

Investors continue to warm up to the market despite a host of macroeconomic concerns.  ( 32 min )

(Bloomberg) -- The UK’s biggest seller of Rolex watches lost nearly a third of its value on Friday after the Swiss brand bought Bucherer AG, taking its first major step into retailing.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayTrump Surrenders in Georgia on 2020 Election Probe ChargesNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapModi and Xi Speak at BRICS Summit, Ask Official  ( 32 min )

The Medicare surcharge known as Irmaa can be a tough pill to swallow. But here’s a little-known workaround: Older Americans who have been hit by the added cost have a chance to appeal.  ( 25 min )

Affirm's fiscal fourth-quarter revenue of $446 million beats analysts' estimates, Marvell Technology falls after the chip maker issues an in-line outlook for the third quarter, and Hawaiian Electric tumbles after suspending its dividend.  ( 27 min )

There is little precedent for a chip maker as large as Nvidia to double its revenue—to $13.5 billion—in one year.  ( 27 min )

(Bloomberg) -- China unveiled further mortgage easing policies to bolster its residential property market in an attempt to support economic growth.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak at BRICS Summit, Ask Officials to Resolve Border Dispute QuicklyTh  ( 30 min )

(Bloomberg) -- China’s securities regulator plans to convene a meeting with some of the world’s biggest asset managers, its latest attempt to shore up confidence after a record stretch of outflows by foreign funds.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi and Xi Speak  ( 31 min )

(Bloomberg) -- European stocks and US futures struggled for direction as a cautious tone dominated markets before a speech from Federal Reserve Chairman Jerome Powell that will be studied for clues on the interest-rate outlook.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi  ( 34 min )

The dollar has scope to strengthen against the euro in the current quarter, driven by growth divergence between the U.S. and the eurozone economies, SEB said.  ( 24 min )

Calstrs, the second-largest U.S. pension, bought Rivian, Nikola, and Lucid Group shares, and sold Workhorse stock in the second quarter.  ( 26 min )

Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday as investors braced for the risk of a hawkish tilt from Federal Reserve Chair Jerome Powell at Jackson Hole. The tech-centric Nasdaq slumped 1.87% on Thursday to lead losses of more than 1% across Wall Street's three major indexes, and futures indicated some further weakness at the reopen.  ( 33 min )

The unemployment rate is a low 3.5%. The U.S. economy has avoided a threatened banking crisis and financial markets have not only aligned with the Federal Reserve's tight-credit policies but of late even helped the process by bidding up market interest rates. When Federal Reserve Chair Jerome Powell delivers a keynote speech at a central bank research symposium hosted by the Kansas City Fed here on Friday, that copacetic backdrop may inspire a message shaped mostly to avoid trouble.  ( 32 min )

Nvidia's move to buy back $25 billion of its shares after its stock has more than tripled this year caught some investors off-guard, even as they cheered a stellar second-quarter report. Shares of Nvidia touched a record high on Thursday, a day after the company blew past expectations with its quarterly revenue forecast as an artificial-intelligence boom fueled demand for its chips. Nvidia shares, which had run up in the days leading up to its report, climbed more than 6% on Thursday but pared gains to end the day little changed.  ( 33 min )

Every one APE unit a trader has will convert to 1/10 of one share of AMC on Friday.  ( 26 min )

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VinFast, the Vietnamese electric-vehicle maker, and Arm, a British chip designer, are caught in a weird limbo thanks to their decisions on where to list their shares.  ( 26 min )

Bitcoin dropped to around the US$26,000 level Friday morning in Asia, giving up much of the previous day’s gains. Ether also moved lower.  ( 32 min )

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(Bloomberg) -- The Federal Reserve Bank of Kansas City’s annual gathering in Jackson Hole, Wyoming gets underway with a dinner on Thursday evening. Here’s what to expect from the two-day conference featuring central bankers from around the world:Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapMore People Call in Sick on August 24 Than Any Other DayWagner Chief Prigozhin Listed Aboard Crashe  ( 31 min )

An industry group is a classification method for companies based on common lines of business.  ( 19 min )

Altcoins can present themselves as modified or improved versions of Bitcoin. Given Bitcoin's volatility, you may want to watch these 10 alternatives.  ( 30 min )

Today's best CD rates are 5.85% on a jumbo from One America Bank, and 5.75% for smaller deposits from Abound Credit Union, MapleMark Bank, and BluPeak Credit Union.  ( 19 min )

Basecoin, also known as Basis, was a cryptocurrency whose protocol was designed to keep its price stable.  ( 20 min )

The S&P 500 closed 0.7% higher on Friday, Aug. 25, 2023, as stocks rebounded after comments from Fed Chair Powell that left the door open for more interest rate hikes.  ( 16 min )

The Group of Five (G5) historically referred to a group of emerging economies that includes Brazil, China, India, Mexico, and South Africa.  ( 21 min )

An international fund is a fund that can invest in companies located anywhere outside of its investors' country of residence.  ( 20 min )

Christine Lagarde is a French lawyer and the president of the European Central Bank.  ( 23 min )